EURUSD Daily Forecast: September 15 2015
EURUSD Forecast
The EURUSD failed to continue its bullish momentum yesterday slipped below 1.1300. The bias is neutral in nearest term. As you can see on my H1 chart below price is still moving above the H1 EMA 200 suggests a bullish short term outlook. Immediate resistance is seen around 1.1330 EURUSD. A clear break above that area could trigger further bullish pressure testing 1.1400 – 1.1435 area EURUSD. Potential daily range today is seen between 1.1250 – 1.1400 EURUSD. On the downside, a clear break back below the H1 EMA 200 (1.1250) could trigger further bearish pressure testing 1.1200 – 1.1150 EURUSD support area. My major technical outlook is neutral.