EURUSD Weekly Analysis 14th March 21
Hello everyone…
As we can see, the price bounced off after reaching 1.18340 on Tuesday.
And then the pair rose higher to the immediate resistance at 1.19900 and retreated to 1.19219 as support.
As it closed at 1.19516 on Friday, I expect the price to go up to 1.20290 and even higher at 1.20570 which is the first key resistance here.
If any subsequent candle closes above that first key resistance, it may rise again to the second key resistance 1.21500.
A break above 1.21500 which crosses the bullish channel, the price will continue to rise. If not, the price will fall towards the Bear Channel which is lower than last Tuesday's Support at 1.18340
Always use stop losses to protect your equity and trade at your own risk.
Good luck!
As we can see, the price bounced off after reaching 1.18340 on Tuesday.
And then the pair rose higher to the immediate resistance at 1.19900 and retreated to 1.19219 as support.
As it closed at 1.19516 on Friday, I expect the price to go up to 1.20290 and even higher at 1.20570 which is the first key resistance here.
If any subsequent candle closes above that first key resistance, it may rise again to the second key resistance 1.21500.
A break above 1.21500 which crosses the bullish channel, the price will continue to rise. If not, the price will fall towards the Bear Channel which is lower than last Tuesday's Support at 1.18340
Always use stop losses to protect your equity and trade at your own risk.
Good luck!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.