EURUSD – Intraday Forecast 28 Jan 2014

EURO-Dollar-min

EURUSD – Intraday Forecast 28 Jan 2014 (Neutral)

Recommendations: LONG positions above 1.3623 with 1.3680 & 1.3710 as next targets.
Alternative scenario:
The downside breakout of 1.3623 will bring a slide to 1.3580/1.3550.
Description: 
Intraday bias in EURUSD is neutral with risk to the upside as long as support 1.3623 holds on an hourly basis with risk towards 1.3680 ahead of 1.3710 levels, break of 1.3710 would open 1.3740 next.On the downside, losing 1.3623 on an hourly basis would reverse risks to the downside towards 1.3580 ahead of 1.3550 levels.

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