Forex

End of day analysis for the EURUSD 20-03-2019

2019-03-20 20:48:37 GMT (Economies.com)

The EURUSD pair rallied upwards sharply to succeed touching our waited targets at 1.1420 followed by 1.1443, and the price finds solid resistance at the last level, which urges monitoring the upcoming trades carefully, as breaching this level will extend the bullish wave to reach 1.1550 as a next main station, while holding against the price’s positive attempts will press on the pair to rebound bearishly and head towards 1.1270 areas initially.

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