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EURUSD






3/23/2017 2:39:53 AM

EURUSD - Technical Analysis: Thursday, 23/03/2017 06:39 GMT



The EURUSD pair placed 1.0821 as yesterday's high, shy from our waited target at 1.0829, showing some sideways trades that settle near 1.0800 barrier, while the exponential moving average 100 continues to provide the positive support to the price, which moves above the bullish trend line that appears on the chart below.

Thus, we expect the continuation of the bullish trend domination on the coming trades, and surpassing 1.0829 will open the door to head towards 1.0900 as a next target, while the price needs to settle above 1.0731 to continue the positive rally on the short term basis.


Target
Risk


Support
Resistance


Trend Bullish

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