Attention! Key Signals in the EUR/USD Exchange Rate Trend

25 Mar

The EUR/USD pair has traded with a soft tone for five consecutive trading days, and the decline has expanded to 1.0776, the lowest level since March 6. However, the broad weakness of the US dollar in the middle of the European session pushed the currency pair to turn upward.

In the short term, according to the 4-hour chart, although the possibility of further upward movement is low, the downside potential also seems limited. The EUR/USD found buying support around the bullish 100-day moving average but failed to break through the bearish 20-day moving average. Finally, although technical indicators show an upward trend, they remain in negative territory.

EURUSD Trading Strategy:
buy@1.08200-1.08500
tp:1.08900-1.09300

I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.

25 Mar

İşlem aktif

For EUR/USD, as it stays above the 200-day simple moving average, the outlook remains optimistic.