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EURGBP overbought short term

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 05 April 2016 EURUSD Spot EURUSD minor support at 1.1370/60 but better support again at 1.1330/25 is the most important of the day. Longs need stops below 1.1315 with further losses to target a buying opportunity at 1.1295/90. Longs need stops below 1.1270. Minor resistance at 1.1400/10 held almost perfectly yesterday, but above here re-targets last week's high at 1.1434/37. If we continue higher in the bull trend as is likely this week, look for 1.1455/60 then important

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