Aug 122015
EURUSD Technical Analysis Wed, 12 Aug 2015

The bias remains neutral in nearest term. A need for a clear break from the range area (1.1093 – 1.0955) so we can see clearer direction. Break below (1.0955) could trigger further bearish pressure targeting (1.0782) and keep the major bearish scenario remains strong while break above (1.1093) could trigger further bullish correction testing (1.1190).

updated: Wed 12, Aug 2015 23:12 GMT