Buy EUR now | 21 Marzo 2018

21 Marzo 2018, EUR/USD

Buy EUR now

Technical observation

EUR yesterday retraced to the key zone (1.2215-1.2183) as predicted yesterday,EUR has been rejected around the zone and I expect bullish movement of price towards 1.2503 and even a breakout above it for a further rise in price towards the weekly key line 1.2778,Im looking to buy EUR now with my ideal target at 1.2503 and stop loss around 1.2110.If there’s a clear breach of price below the zone (1.2215-1.2183) , I expect bearish movement of price towards the key line 1.1935 or even lower to 1.1586 in case it breaks below 1.1935.right now only buy positions look ideal and can be advised around (1.2215-1.2183).

Technical levels

Resistance levels

R1.1.2377

R2.1.2419

R3.1.252

Pivot

1.2319

Support levels

S1.1.2275

S2.1.2216

S3.1.2114

Trade signal

Buy EUR now with your take profit at 1.2503 and stop loss around 1.2110.

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Imelda Maseno
Analyst of «FreshForex» company
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