Forex Team would like to give you some advice about important price levels for eur usd.
On eur usd chart on H4 time frame we see possible price trap between 1.25 and 1.24 price levels.
We think that eur usd price behavior in April could be sideways or bearish. If weekly close price will be below 1.2370 than ForexTeam will sell this currency pair. The next important price level is 1.2315.
I wonder, if bears prepare spring surprise?
here is ForexTeam forecast for currency pair EUR USD for March 2018.
Price increase is limited at 1.2350-1.2380, here is strong resistance level, if this price level holds than we can follow the price movement down to our first target 1.2050-1.20
Forex Team traders think that during next 2 weeks EURUSD will accelerate downward movement, especially if daily close price will be under 1.1775 – 1.1747
hope you are doing well) Here is EURUSD daily review for today (29.11.2017).
We think there is still a room for retracement in 1.1800 region for EURUSD.
Daily resistance = 1.1865-1.1875
TP1 = 1.1828
TP2 = 1.1808
Well, EUR USD bears and bulls still playing ping-pong in flat canal 1.1880 – 1.1690.
If we see failure at price level 1.1880 than we should see the market retest price level at 1.1320.
Monthly close price will help us with further estimations and eurusd trading.
Good luck 😉