EURUSD Intraday Forecast Feb 26

EURO-Dollar-min

Recommendations: LONG positions above 1.3715 with 1.3755 & 1.3775 as next targets.

Alternative scenario: The downside breakout of 1.3715 will call for a slide to 1.3690/1.3660.

Description: Intraday outlook in EURUSD is on the upside with risk towards 1.3755 ahead of 1.3775 levels as long as support 1.3715 holds on an hourly basis. A break of 1.3775 will open 1.3800/830 next. On the downside, losing the 1.3715 levels on an hourly basis would weaken the current bullish run and reverse risks towards the 1.3690/1.3660 levels before the next possible rise.

Support & Resistance : 1.3640 , 1.3660,1.3690, 1.3715 (Pivot)  , 1.3775 , 1.3800 , 1.3830

EURUSD Intraday Forecast Feb 26

MARKET DATA

UPCOMING ECONOMIC EVENTS