EURUSD Daily Forecast Mar 19 2020

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EURUSD Outlook Remains Lower…

The EURUSD remains on the downside as long as 1.0930 resistance holds on a daily closing basis. Support comes at 1.0780 level. A halt is likely, but a cut would open 1.0610 next, further down, support comes at the 1.0490 levels…

On the upside, resistance comes at the 1.0930 level. Above 1.0930 sees recovery threats to 1.1050 levels before another fall.

In conclusion: The EURUSD sees downside threats below 1.0930 levels…

Support: 1.0780, 1.0610, 1.0490, 1.0335, 1.0170

Resistance: 1.0930, 1.1050, 1.1220, 1.1270, 1.1370

EURUSD Daily Forecast Mar 19 2020

MARKET DATA

UPCOMING ECONOMIC EVENTS