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EURUSD Daily Forecast: December 17

EURUSD Forecast    
The Eurusd had a Bearish momentum last week bottomed at  1.1269. The bias is bearish in nearest term but note that 1.1270 – 1.1215 area is a key/strong support which remains survive for about a month now and need to be broken to the downside to resume the major bearish trend. Immediate resistance is seen around 1.1350. A clear break above that area could lead price to neutral zone in nearest term testing 1.1418 area but as long as stay below 1.1500 I still prefer a bearish scenario at this phase.



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EURUSD Daily Forecast: December 17

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