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EUR USD Technical Analysis March 12, 2019

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EUR USD Technical Analysis March 12, 2019

The EUR rose 0.13% against the USD on Monday and closed at 1.1248. Today in the European session while EUR USD technical analysis March 12, 2019 is preparing at 9:15 GMT, the pair is trading at 1.1265, which is 0.15% higher from yesterday’s closed.

The pair is expected to find support at 1.1227 and a fall through could take it to the next support level of 1.1205. The pair is expected to find its first resistance at 1.1280, and a rise through could take it to the next resistance level of 1.1300. For today the expected trading range is between 1.1200, Support and 1.1300 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.1227, Support 2: 1.1205, Support 3: 1.1190
Resistance Levels: Resistance 1: 1.1265, Resistance 2: 1.1280, Resistance 3: 1.1300

EUR/USD Buying Opportunity for Intraday Trading March 12, 2019

Buy near the support area 1.1227 and 1.1205 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.

EUR/USD Selling Opportunity for Intraday Trading March 12, 2019

Sell near the resistance area 1.1280 and 1.1300 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

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1 Comment
  1. ilyas says

    good

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