EURUSD Daily Forecast Mar 13 2014

EURO-Dollar-min

The EURUSD continued its bullish momentum yesterday ,printed support at the 1.3842 levels .This development leaves the pair targeting the 1.4035 levels , a halt is likely , but break of 1.4035 would open 1.4185 next , further out will aim the 1.4350 levels.

On the downside , support comes at the 1.3842 levels , stability above this level will keep pushing towards the 1.4035 levels , losing the 1.3842 levels will turn outlook neutral and open 1.3720 before the next rise…

In all , as long as support 1.3842 holds on a daily basis , the EURUSD will remain based to the upside towards the 1.4035 levels ahead of the 1.4185 levels , losing the 1.3842 levels would only delay the bullish move ¬†for retesting 1.3720 levels before the next possible rise…

 

 

EURUSD Daily Forecast Mar 13 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS