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EURUSD






3/24/2017 3:36:18 AM

EURUSD - Technical Analysis: Friday, 24/03/2017 07:36 GMT



The EURUSD pair moves to the downside after approaching from our waited target at 1.0829, as the price trades near the intraday bullish trend line, noticing that RSI approaches from the oversold areas, to support the possibilities of bouncing to the upside and continue the bullish trend.

Thus, the bullish trend will remain expected for the coming period, and the price needs to surpass 1.0829 level to confirm the continuation of the bullish wave towards 1.0900, noting that it is important to settle above 1.0713 to continue the expected rise.


Target
Risk


Support
Resistance


Trend Bullish

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