EURUSD Intraday Forecast Feb 17

EURO Dollar min

Recommendations: LONG positions above 1.3655 with 1.3715 & 1.3750 as next targets.

Alternative scenario: The downside breakout of 1.3655 will call for a slide to 1.3618/1.3585.

Description: Intraday outlook in EURUSD is on the upside with risk towards 1.3715 ahead of 1.3750 levels as long as support 1.3655 holds on an hourly basis. A break of 1.3750 will open 1.3800 next. On the downside. Losing the 1.3655 levels on an hourly basis would weaken the current bullish run and reverse risks towards the 1.3618/1.3585 levels before the next possible rise.

Support & Resistance :1.3555, 1.3585 ,1.3618 , 1.3655 (Pivot)  , 1.3715 , 1.3750 , 1.3800

EURUSD Intraday Forecast Feb 17




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