The EURUSD awaits the confirmation – Analysis - 26-03-2019

Economies.com
2019-03-26 05:09AM UTC

The EURUSD pair still stuck between the trend confirmation levels represented by 1.1278 support and 1.1340 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels and detect its next destination clearly.

 

We remind you that breaching the mentioned resistance will push the price to achieve more gains that target 1.1380 followed by 1.1445 levels mainly, while breaking the support will put the price under more negative pressure to head towards 1.1180 areas on the near term basis.

 

The expected trading range for today is between 1.1220 support and 1.1400 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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