EURUSD Daily Forecast Mar 13 2015

Outlook in EURUSD remains on the downside as long as 1.0692 resistance holds on a daily closing basis , support comes at the 1.0485 levels , a halt is likely , but a cut would open 1.0390 next , further down will target the 1.0265 levels.

On the upside , resistance comes at the 1.0692 levels  , sustained breakout – daily closing above the 1.0692 levels will suggest short term bottoming and open 1.0906 levels before the next fall..

In all ,as long as 1.0692  resistance holds on a daily closing basis , outlook in EURUSD remains on the downside towards the 1.0485 levels ahead of the 1.0390 levels , above the 1.0692 levels will turn outlook neutral and bring limited gains below the 1.0906 levels before the next possible fall….

 

EURUSD Daily Forecast Mar 13 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS

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