EURUSD Daily Forecast Jul 17 2014

EURO-Dollar-min

Outlook in EURUSD remains on the downside as long as resistance 1.3561 holds on a daily closing basis , support comes at the 1.3520 levels , losing the 1.3520 levels  would open 1.3470 next , further downside will pave the way towards the 1.3410 levels………

On the upside , resistance comes at the 1.3561 levels , break of the 1.3561 levels on a daily basis will turn outlook neutral for retesting the 1.3596/1.3627 levels before the next fall……

In all, as long as resistance 1.3561 holds on a daily closing basis , outlook in EURUSD remains on the downside towards the 1.3470 levels ahead of the 1.3410 levels, break of the 1.3561 levels will turn outlook neutral for retesting the 1.3596/1.3627 levels before the next fall……

 

EURUSD Daily Forecast Jul 17 2014

 

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