EURUSD Daily Forecast Dec 15 2015

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Outlook in EURUSD remains on the upside as long as 1.0980/1.0938 support holds on a daily closing basis, resistance comes at the 1.1095 levels, a break would open 1.1260 next, further upside, resistance comes at the 1.1350 levels…

On the downside, support comes at the 1.0980/ 1.0938 levels, below this level faces a pullback risk towards the 1.0895/1.0830 levels before the next rise…

Conclusion: The EURUSD continues to face upside threats above the 1.0938/1.0980 levels…

 

EURUSD Daily Forecast Dec 15 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS