EURUSD Daily Forecast

The EURUSD made indecisive movement yesterday, by opened and closed at almost the same price. On h1 chart below we have a broadening formation indicating a volatile market without a clear direction. It’s better to stay away from the market. On the upside, we have 1.4336 as the key level. Technically, a clear break above that area should confirm the bullish scenario. On the downside pay attention to 1.4050 – 1.4000 support area. Break below that area should trigger further bearish momentum re-testing 1.3750. Immediate support at 1.4176. CCI in neutral area on h1 chart.