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EURUSD Daily Forecast: November 19

EURUSD Forecast    
The Eurusd attempted to push lower last week, bottomed at 1.1215 but whipsawed to the upside and closed higher at 1.1417 after printed a Tweezer Bottom formation as you can see on my daily chart below. The bias is bullish in nearest term testing 1.1430 – 1.1500 key resistance area. A clear break and daily close above 1.1500 would resume the Bullish Correction momentum testing 1.1620 – 1.1665 region. Immediate support is seen around 1.1365. A clear break below that area could lead price to neutral zone in nearest term testing 1.1320/00 region but key support remains at 1.1215 which need to be clearly broken to the downside to invalidate the tweezer bottom bullish correction scenario and resume the major bearish trend.



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EURUSD Daily Forecast: November 19

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