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EURUSD






3/6/2017 1:25:48 AM

EURUSD - Technical Analysis: Monday, 06/03/2017 06:25 GMT



The EURUSD pair surpassed 1.0584 barrier to stop the recent negative pressure, approaching from testing the most important resistance at 1.0642, as surpassing this level will confirm the continuation of the bullish trend on the short term basis and stop the recently dominating bearish correction.

Thus, the chances will be valid to rise in the coming period unless the price returned to break 1.0526 level and settles below it, noting that the expected targets begin at 1.0713.


Target
Risk


Support
Resistance


Trend Bullish

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