EURUSD Daily Forecast: December 10

  • Rate this Story
  • 0
  • 0

By swibowo | December 10, 2013 2:49 PM EST

Fx Instructor

EURUSD Forecast    

The EURUSD continued its bullish momentum yesterday and hit 1.3767 earlier today. The bias remains bullish is in nearest term testing 1.3800 – 1.3850. Immediate support is seen around 1.3715. A clear break below that area could lead price to neutral zone in nearest term testing 1.3650 but overall I still prefer a bullish scenario at this phase since the failure of the bearish reversal scenario after found support at the daily EMA 200.

  • Rate this Story
  • 0
  • 0
For more forex information, go to FxInstructor.com.

Join the Conversation

IBTimes TV
E-Newsletters

We value your privacy. Your email address will not be shared.