EURUSD Outlook 4-8 April, 2016 | April 2, 2016

Eurusd is now on bullish mode. So our opinion on this pair is to stay on bullish side above 1.1150 support level. Above this level, we need to look for buy with targeting 1.1400 level.

On the other side, if this pair break 1.1150 support level, then this pair will get bearish momentum and can fall more and then sell target will be 1.1000 level.

On the chart, we can see that this pair has broken downward trend line. This pair is staying above the trend line at this moment. So this pair is now on bullish momentum. Buyers can take buy after every correction. 1.1330 is the near term buy zone for this pair.


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