EURUSD Intraday Forecast Oct 15 2014

EURO-Dollar-min

Intraday outlook in EURUSD is neutral with possible risk to the upside at the moment , the pair is trapped within 1.2620/1.2665 levels . On the upside , break of 1.2665 on a 4 hour closing basis will pave the way towards the 1.2760 levels , a halt is likely , but a break would open 1.2830 next , further upside will aim the 1.2930 levels.

On the downside , a clear break below 1.2620 levels will turn outlook towards the 1.2500 levels , a halt is likely , but If 1.2500 fails , expect to see more losses towards the 1.2450/1.2400 levels.

In all , the pair is likely to consolidate within 1.2620/1.2665 range , above 1.2665 will open 1.2760/1.2830 levels , while below 1.2620 will turn focus 1.2580/1.2500 levels….

 

EURUSD Intraday Forecast Oct 15 2014

 

MARKET DATA

UPCOMING ECONOMIC EVENTS