EURUSD Daily Forecast Apr 10 2015

Outlook in EURUSD remains on the downside as long as 1.0685/1.0762 resistance holds on a daily closing basis , support comes at the 1.0595 levels , a halt is likely but a cut would open 1.0500 next , further down will target the 1.0400 levels…

On the upside , resistance comes at the 1.0685 levels ahead of the 1.0762 levels (main) , break of 1.0762 on a daily closing basis will turn outlook neutral and open the 1.0886/1.01051 levels before the next fall…

In all , as long as 1.0685/1.0762 resistance holds on a daily closing basis ,outlook in EURUSD remains on the downside towards the 1.0595 levels ahead of the 1.0500 levels, above 1.0762  will turn outlook neutral and open the 1.0886/1.01051 levels before the next fall…

 

EURUSD Daily Forecast Apr 10 2015

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