EURUSD Daily Forecast Jul 10 2014


Outlook in EURUSD remains neutral with possible risk to the upside towards the 1.3663 levels , a break would open 1.3700 next ,further upside will aim the 1.3745 levels…….

On the downside , main support comes at the 1.3600 levels ahead of the 1.3575 levels (main), stability above support levels will keep pushing upwards , however ; sustained trading – daily closing – below the 1.3575 levels will resume the bearish move towards the 1.3510/1.3475 levels before the next possible rise……

In all , as long as support 1.3575 holds on a daily basis , outlook in EURUSD remains – cautiously – on the upside towards the 1.3663/1.3700 levels, below 1.3575 will open 1.3510/1.3475 levels……….

EURUSD Daily Forecast Jul 10 2014