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| EUR/USD Daily Forecast
Tue, August 19 2014 | Dear Fellow Trader,
Setyo Wibowo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. Enjoy!
| The EURUSD didn't make significant movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Important intraday range to be closely watched remains between 1.3330 - 1.3440. A clear break below 1.3330 could trigger further bearish scenario testing 1.3300 - 1.3250 or lower. On the other hand, a clear break above 1.3440 and the bearish channel could be an early signal of a bullish reversal scenario after formed a double bottom formation at 1.3330. Please click here to see the chart. |
| | I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog.
Happy Trading! | | | | | | | |