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EURUSD Daily Forecast: February 06

EURUSD Daily Forecast: February 06
Thursday, February 6th, 2014 @ 8:29 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo

Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own.

Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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EURUSD Forecast        

The EURUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. Important intraday range to be closely watched is seen between 1.3470 – 1.3560. A clear break above 1.3560 could trigger further bullish pressure testing 1.3600 or higher. On the downside, a clear break below 1.3470 could trigger further bearish pressure testing 1.3400 and the daily EMA 200.


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