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Apr 19
EUR-USD Technical - 25/March

EURUSD is doing sideway movement on 1 hour chart. EURUSD backed from Fib No. 50.0% at 1.4057 from 1.3856 to 1.4246, extension 127.2% at 1.4347, 161.8% at 1.4478, this is only possible If break of 1.4200 resistance which is 78.6% from 1.4246 to 1.4052. If EURUSD not break of 1.4200 resistance then again continues down toward 1.4011, 1.3962 like “M” shape pattern. EURUSD break of 1.4149 daily PP further down toward next support at 1.4096 on intraday.
Strategy: EURUSD sell at 1.4170 target 1.4096 with stop loss 1.4210 or buy above 1.4225 target 1.4378 with stop loss 1.4149
New High:  1.4199, 1.4282, 1.4161.
New Low:  1.4032, 1.4115, 1.4094.
R3-1.4316, R2-1.4252, R1-1.4213, PP-1.4149, S1-1.4086, S2-1.4047, S3-1.3983.

EURUSD is doing sideway movement on 1 hour chart. EURUSD backed from Fib No. 50.0% at 1.4057 from 1.3856 to 1.4246, extension 127.2% at 1.4347, 161.8% at 1.4478, this is only possible If break of 1.4200 resistance which is 78.6% from 1.4246 to 1.4052. If EURUSD not break of 1.4200 resistance then again continues down toward 1.4011, 1.3962 like “M” shape pattern. EURUSD break of 1.4149 daily PP further down toward next support at 1.4096 on intraday.

Strategy: EURUSD sell at 1.4170 target 1.4096 with stop loss 1.4210 or buy above 1.4225 target 1.4378 with stop loss 1.4149

New High:  1.4199, 1.4282, 1.4161.

New Low:  1.4032, 1.4115, 1.4094.

Pivot: R3-1.4316, R2-1.4252, R1-1.4213, PP-1.4149, S1-1.4086, S2-1.4047, S3-1.3983.