EURUSD Daily Forecast Jul 02 2014

EURO-Dollar-min

No change , outlook in EURUSD remains on the upside towards the 1.3735 levels as long as support 1.3650 holds on a daily closing basis , break of 1.3735 levels would open 1.3790 next , further upside will look for the 1.3843 levels…

On the downside , support comes at the 1.3650 levels , stability above this level will keep the pair bullish , however , sustained trading – daily closing below the 1.3650 levels will turn outlook neutral for retesting the 1.3600 levels before the next rise, If 1.3600 fails , expect to see a free fall towards the 1.3511 levels even lower towards the 1.3455 levels….

In all , as long as support 1.3650 holds on a daily closing basis, outlook in EURUSD remains on the upside towards the 1.3735/1.3790 levels , below 1.3650 would delay the bullish move for retesting the 1.3600 levels before the next rise….

 

EURUSD Daily Forecast Jul 02 2014

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