EURUSD Daily Forecast Apr 22 2015

Outlook in EURUSD remains neutral , the pair is in recovery mode as long as trades above 1.0706 levels on a daily closing basis , resistance comes at the 1.0886 levels , a halt is likely , but a clear break would open 1.1036/1.1051 next ,further upside will aim the 1.1182 levels ..

On the downside , support comes at the 10706 levels , sustained breakout below this level will restore the downside momentum and open 1.0618 ahead of 1.0531/1.0461 levels …

Intraday support comes at the 1.0716 levels , stability above this level on a 4 hour closing basis means further upside gains , sustained breakout below this level will open 1.0618 levels…

EURUSD Daily Forecast Apr 22 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS