Market Overview

Technical Forecast for EUR/USD

Technical Forecast for EUR/USD


EURUSD beat 1.3415/20 resistance to hit the next target at 1.3473. We did see a top exactly here as predicted but if we push higher today look for 1.3518, possibly 1.3564 to exit longs and sell in to shorts with a stop above 1.3580. 
Support at 1.3420/15 but below here look for 1.3375 then the week’s low at 1.3325.  We still have very good support at 1.3310/1.3290 and the chance of a low for the week if tested.

Posted-In: Technicals Forex Markets Trading Ideas


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