EURUSD Intraday Forecast Mar 28 2014

EURO-Dollar-min

Recommendations: SHORT positions  below 1.3778 with 1.3720  & 1.3690 as next targets.

Alternative scenario: The upside breakout of 1.3778 will call for a rebound  to 1.3827/1.3845.

Description: Intraday outlook in EURUSD remains on the downside as long as resistance 1.3778 holds , support comes at the 1.3720 levels , a halt could be seen , but a break would open 1.3693 levels , further downside will aim the 1.3660/1.3640 levels. On the upside , a clear break above the 1.3778 levels  will turn outlook neutral for retesting 1.3827/1.3845 levels before the next fall.

Support & Resistance : 1.3640 , 1.3693 , 1.3720, 1.3778 (PIVOT), 1.3827   ,1.3845 , 1.3875

 
EURUSD Intraday Forecast Mar 28 2014

MARKET DATA

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