EURUSD Daily Forecast Mar 20 2020

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EURO - dollar - 65985-

EURUSD Remains Under Pressure…

The EURUSD remains on the downside as long as 1.0780 resistance holds on a daily closing basis. Support comes at 1.0610 level. A halt is likely, but a cut would open 1.0490 next, further down, support comes at the 1.0335 levels…

On the upside, resistance comes at the 1.0780 level. Above 1.0780 sees recovery threats to 1.0930 levels before another fall.

In conclusion: The EURUSD sees downside threats below 1.0780 levels…

Support:  1.0610, 1.0490, 1.0335, 1.0170

Resistance: 1.0780, 1.0930, 1.1050, 1.1220, 1.1270, 1.1370

EURUSD Daily Forecast Mar 20 2020

MARKET DATA

UPCOMING ECONOMIC EVENTS

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