EURUSD Forecast:

The EURUSD attempted to push lower yesterday, bottomed at 1.3546 but whipsawed to the upside and closed higher at 1.3612 and keep moving higher around 1.3645 at the time I wrote this comment. On h4 chart below we have a bullish flag formation indicating potential bullish scenario especially if price breakout above the flag targeting 1.3750 before testing 1.3830 area. Immediate support at 1.3610/00 area. Break below that area should lead us into no trading zone re-testing 1.3530 area.

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  • EURUSD Daily Forecast: February 24
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