EUR/USD analysis for March 09, 2018 888011000 110888 Recently, the EUR/USD set has actually been trading downwards. The rate tested the level of 1.2290. Anyhow, according to the 30M amount of time, I discovered a fake breakout of yesterday’s low at the price of 1.2260, which is a sign that selling at this stage looks dangerous. I likewise discovered a surprise bullish divergence on the moving typical oscillator, which is another sign of strength. My advice is to look forpotential purchasing opportunities. The upward target is set at the rateof 1.2350. Resistance levels: R1: 1.2405 R2: 1.2500 R3: 1.2555 Assistance levels: S1: 1.2258 S2: 1.2205 S3: 1.2110 Trading suggestions for today: expect prospective buying opportunities.The product has been supplied by InstaForex

By | March 9, 2018

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