EUR/USD Daily Forecast - 15 March

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Wednesday, Mar 14 2018

EUR/USD Daily Forecast - 15 March

Euro found resistance above 1.24 handle in the course of the yesterday's session and then pulled back all the way to 1.2350 area where it found some amount of support in order to finish the session above 1.2380 level. As for tomorrow, we would pay attention to US figures. Any type of supportive candles around 1.23 and 1.2280 area would be short-term buying signal, while resistive candles above 1.24 and 1.2450 level would be short-term selling opportunity.

In long-term trends, we would be buyers for this pair, despite this pullback. We expect plenty of support around 1.15 handle, and next major resistive point above 1.25 handle.

More in this category: « GBP/USD Daily Forecast - 15 March AUD/USD Daily Forecast - 16 March »

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