EURUSD Daily Forecast: March 10 2016
EURUSD Forecast
The EURUSD attempted to push lower yesterday bottomed at 1.0945 but closed higher at 1.0990. The bias is neutral in nearest term probably with a little bearish bias retesting 1.0945. A clear break below that area coud trigger further bearish pressure testing 1.0900 key support. On the upside, 1.1065 – 1.1100 remains a key resistance. A clear break and daily close above that area would activate my bullish mode testing 1.1250 region. On the other hand, a clear break and daily close below 1.0900 would activate my bearish mode targeting 1.0800 or lower.
