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