EURUSD Forecast
The EURUSD had another indecisive movement yesterday. The bias remains bullish in nearest term testing 1.1300 – 1.1350 area. From a H4 chart perspective as you can see on my H4 chart below, price is moving convincingly above the EMA 200 suggests a nice and valid bullish trend. Immediate support is seen around 1.1230. A clear break below that area could lead price to neutral zone in nearest term testing 1.1180 area but as a long as stay above 1.1080 I remain bullish and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break above 1.1350 would expose June 2016 high at 1.1426.
June 07, 2017 at 07:23AM
from swibowo
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