Thursday, April 9, 2015

EUR/USD Mid-Day Outlook

EUR/USD is staying in range of 1.0712/1052 and intraday bias remains neutral. At this point, we'd still expect strong resistance from 1.1096 to complete the recovery from 1.0461. Below 1.0712 minor support will turn bias to the downside for 1.0461. Break of 1.0461 will target next fibonacci level at 1.0283.



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