EURUSD Daily Forecast: December 16

  • Rate this Story
  • 0
  • 0

By swibowo | December 16, 2013 8:49 PM EST

Fx Instructor

EURUSD Forecast    

The EURUSD attempted to push higher last week, topped at 1.3810 but closed lower at 1.3738. The bias is neutral in nearest term but overall my technical outlook remains bullish testing 1.3850 key resistance area. Immediate support is seen around 1.3700. A clear break below that area could interrupt the bullish outlook testing 1.3600.

  • 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.