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Farooq

Technical Analysis – EURUSD _ 26-03-2019

HomeTechnical AnalysisTechnical Analysis – EURUSD _ 26-03-2019
26
Mar
Technical Analysis – EURUSD _ 26-03-2019

The pair ended yesterday’s trading session in an attempt to gain bearish momentum due to the overbought signs appearing on the Stochastic and RSI indicators … The downside potential remains intact as long as the pair remains below 1.1380, with targets around 1.1245 as the first target and then the support at 1.1185 as the second target.
A break of 1.1380 might be enough to end the downside scenario and the pair could then target the resistance 1.1440 as the first target and then 1.1500 as the second target.v

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