EURUSD Intraday Forecast Mar 25 2014

EURO-Dollar-min

Recommendations : LONG  positions  above 1.3792 with 1.3870  & 1.3900 as next targets.

Alternative scenario: The downside  breakout of 1.3792 will call for a slide  to 1.3750/1.3706.

Description: The EURUSD  has broken above the key resistance 1.3845  , Intraday outlook turns from neutral to bullish , support comes at the 1.3792 levels , stability above this level will keep pushing towards the 1.3870 levels , a break would open 1.3900 levels ahead of the 1.3933 levels , above the 1.3933 would challenge the 1.3965 levels.On the downside , sustained trading below the 1.3792 levels will weaken the current bullish run for retesting the 1.3750 levels before the next possible riser , below 1.3750 will extend losses towards the 1.3720/1.3706 before the next rise…

Support & Resistance : 1.3707, 1.3750,  1.3792 (PIVOT)   ,1.3845,  1.3870 , 1.3900 , 1.3933 , 1.3965
EURUSD Intraday Forecast Mar 25 2014

MARKET DATA

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