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EURUSD Daily Forecast: February 11

EURUSD Forecast    
The Eurusd had a bearish momentum last week bottomed at 1.1320. The bias is bearish in nearest term testing 1.1270 – 1.1215 key support area. Immediate resistance is seen around 1.1350. A clear break above that area could lead price to neutral zone in nearest term testing 1.1400 area but as long as stay below 1.1500 – 1.1570 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

eurusddaily



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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EURUSD Daily Forecast: February 11

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