EURUSD Technical Outlook-

It shows that EURUSD is still maintaining a strong bearish bias. Our last week target was 1.1220 that was satisfied. It has broken some recent supports at 1.1450 and 1.1220. 1.1220 is the support offered by 61.8% Fibonacci level from the 2000 year low to the 2008 year high. Now the more bearish movement is expected to target 1.1000 followed by 1.0820.

 

free forex signals on eursud

EURUSD Trading Forecast

 

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