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EURUSD Daily Forecast: January 30

30 Jan, 2013 @ 03:16 am BST | By swibowo


EURUSD Forecast

The EURUSD continued its bullish momentum yesterday and hit 1.3514 earlier today. The bias remains bullish in nearest term testing 1.3535 – 1.3600 area. Immediate support is seen around 1.3485/70. A clear break below that area could lead price to neutral zone in nearest term testing 1.3450/00 but as long as stays inside the bullish channel my overall technical outlook remains to the upside and any downside pullback now should be seen as a normal correction.

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