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EURUSD






3/7/2017 3:42:34 AM

EURUSD - Technical Analysis: Tuesday, 07/03/2017 08:42 GMT



The EURUSD pair fluctuates around 1.0584 level, as the exponential moving average 100 formed support barrier to protect our expectations to rise, to keep the bullish trend expected for the coming period, waiting to visit 1.0642 level again.

The price needs to surpass 1.0642 level to confirm the continuation of achieving gains and heading towards 1.0713 as a next target, noting that breaking 1.0526 will stop the expected rise and push the price to suffer more losses on the short term basis.


Target
Risk


Support
Resistance


Trend Bullish

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