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EURUSD first resistance at 1.1181/85 being

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 16, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 16 February 2016 EURUSD Spot EURUSD first resistance at 1.1181/85 being tested as I write but above here we meet stronger resistance at 1.1220/23 for profit taking on remaining longs. We should struggle here but further gains meet resistance at 1.1250/55 where we watch for a high for the day. Shorts need stops above 1.1280. Failure to beat 1.1180/85 targets 1.1160 then good support at 1.1125/20. Again a good chance of a low for the day but be ready to sell a break below to

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