EURUSD Daily Forecast: November 26

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By swibowo | November 26, 2012 4:21 PM EST

Fx Instructor

EURUSD Forecast

The EURUSD continued its bullish momentum on Friday, topped at 1.2989. This fact turns my medium/long term outlook into a neutral zone as direction is unclear but keeps the intraday/short term outlook in a bullish condition testing 1.3000. Immediate support is seen around 1.2920 followed by 1.2885. On the upside, a clear break and daily close above 1.3000 could trigger further bullish pressure testing 1.3170.

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