EURUSD Intraday Forecast Apr 18 2014

EURO-Dollar-min

Recommendations: SHORT positions  below 1.3862 with 1.3810  & 1.3780 as next targets.

Alternative scenario: The upside breakout of 1.3862 will call for a rebound  to 1.3900/1.3930

Description: No change , Intraday outlook in EURUSD remains neutral with risk to the downside , as long as resistance 1.3682 holds on hourly basis , support comes at the 1.3807 levels , a break would open 1.3778 next , further downside will aim   the 1.3740 levels . On the upside , sustained trading above the 1.3862 levels will open  1.3900/1.3930 next , more gains will aim the 1.3996 levels.

Support & Resistance : 1.3740 , 1.3780,1.3807 , 1.3840, 1.3862 (PIVOT), 1.3900   ,1.3930 , 1.3966


EURUSD Intraday Forecast Apr 18 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS