EURUSD Daily Forecast: November 27

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By swibowo | November 27, 2012 2:21 PM EST

Fx Instructor

EURUSD Forecast

The EURUSD was indecisive yesterday but overall still able to maintain its bullish intraday bias and hit 1.3007  earlier today.  The bias remains bullish in nearest term especially if price able to move consistently above 1.3000/20 testing 1.3100/70. Immediate support is seen around 1.2940/50. A clear break below that area could lead price to neutral zone in nearest term testing 1.2900 – 1.2885. My medium/long term outlook remains unclear.

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