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EURUSD Daily Forecast: September 13

EURUSD Daily Forecast: September 13
Thursday, September 13th, 2018 @ 4:49 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. Immediate resistance is seen around 1.1650. A clear break above that area could trigger further bullish pressure but as long as stay below 1.1733 I still prefer a bearish scenario at this phase. Immediate support is seen around 1.1615. A clear break below that area could trigger further bearish pressure testing 1.1570 but key support remains at 1.1530 region which need to be clearly broken to the downside to resume the bearish scenario. My major technical outlook remains neutral.

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