EUR USD Technical Analysis March 11, 2019
The EUR rose 0.35% against the USD on Friday and closed at 1.1232. Today in the European session while EUR USD technical analysis March 11, 2019 is preparing at 9:15 GMT, the pair is trading at 1.1240, which is 0.07% higher from yesterday’s closed.
The pair is expected to find support at 1.1196 and a fall through could take it to the next support level of 1.1160. The pair is expected to find its first resistance at 1.1257, and a rise through could take it to the next resistance level of 1.1282. For today the expected trading range is between 1.1135, Support and 1.1282 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.1196, Support 2: 1.1160, Support 3: 1.1135
Resistance Levels: Resistance 1: 1.1257, Resistance 2: 1.1282, Resistance 3: 1.1318
EUR/USD Buying Opportunity for Intraday Trading March 11, 2019
Buy near the support area 1.1196 and 1.1160 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading March 11, 2019
Sell near the resistance area 1.1257 and 1.1282 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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