EUR USD Technical Analysis March 7, 2019
The EUR declined 0.01% against the USD on Wednesday and closed at 1.1305. Today in the European session while EUR USD technical analysis March 7, 2019 is preparing at 9:15 GMT, the pair is trading at 1.1310, which is 0.04% higher from yesterday’s closed.
The pair is expected to find support at 1.1285 and a fall through could take it to the next support level of 1.1265. The pair is expected to find its first resistance at 1.1325, and a rise through could take it to the next resistance level of 1.1344. For today the expected trading range is between 1.1265, Support and 1.1344 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.1285, Support 2: 1.1265, Support 3: 1.1245
Resistance Levels: Resistance 1: 1.1325, Resistance 2: 1.1344, Resistance 3: 1.1364
EUR/USD Buying Opportunity for Intraday Trading March 7, 2019
Buy near the support area 1.1285 and 1.1265 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 7, 2019
Sell near the resistance area 1.1325 and 1.1344 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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