EURUSD Daily Forecast Sept 04 2014

EURO-Dollar-min

No change , outlook in EURUSD remains on the downside as long as resistance 1.3163/1.3220 holds on a daily closing basis , support comes at the 1.3090 levels where a cut will open 1.3000 levels , further losses will aim the 1.2950 levels….

On the upside , resistance comes at the 1.3163 levels ahead of the 1.3220 levels (main) , break of the 1.3220 on a daily closing basis will turn outlook neutral for retesting the 1.3295/1.3365 levels before the next fall.

In all , as long as resistance 1.3163/1.3220 holds on a daily closing basis , outlook in EURUSD remains on the downside towards the 1.3090 levels and possible lower towards the 1.3000 levels , above the 1.3220 levels will bring rebound towards the 1.3295/1.3365 levels before the next fall….

 

EURUSD Daily Forecast Sept 04 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS