EURUSD Intraday Forecast Feb 19

EURO-Dollar-min

Recommendations: LONG positions above 1.3722 with 1.3780 & 1.3830 as next targets.

Alternative scenario:The downside breakout of 1.3722 will call for a slide to 1.3680/1.3650.

Description: Intraday outlook in EURUSD is on the upside with risk towards 1.3780 ahead of 1.3830 levels as long as support 1.3722 holds on hourly basis , break of 1.3830 will open 1.3892 next .On the downside ,losing the 1.3722 levels on hourly basis would weaken the current bullish run and reverse risks towards the 1.3680/1.3650 levels before  the next possible rise.

Support & Resistance : 1.3618 , 1.3650,1.3680, 1.3722 (Pivot)  , 1.3780 , 1.3830 , 1.3890

EURUSD Intraday Forecast Feb 19

MARKET DATA

UPCOMING ECONOMIC EVENTS