EURUSD Daily Forecast Sept 09 2014

EURO-Dollar-min

Outlook in EURUSD remains on the downside as long as resistance 1.2919/1.3000  holds on a daily closing basis , support comes at the 1.2840  levels where a cut will open 1.2735 levels , further losses will aim the 1.2620 levels….

On the upside , resistance comes at the 1.2919  levels ahead of the 1.3000 levels (main) , break of the 1.3000 levels  on a daily closing basis will turn outlook neutral for retesting the 1.3104/1.3159  levels before the next fall.

In all , as long as resistance 1.2919/1.3000 holds on a daily closing basis , outlook in EURUSD remains on the downside towards the 1.2840  levels and possible lower towards the 1.2735  levels , above the 1.3000 levels will bring rebound towards the 1.3104/1.3159  levels before the next fall….

 

EURUSD Daily Forecast Sept 09 2014

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