EURUSD Daily Forecast: April 05

eurThe EURUSD was indecisive yesterday. The bias remains neutral in nearest term. Immediate support is seen around 1.1335.

A clear break and daily close below that area could trigger further bearish pressure testing 1.1250 area or lower. On the upside, 1.1500 region remains a good place to sell with a tight stop loss. Potential daily range today is seen between 1.1500 – 1.1335.

My major technical outlook remains neutral.

EURUSD, H4

Origin: FXOpen

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