Showing posts with label Forecast for EUR/USD on March 28. Show all posts
Showing posts with label Forecast for EUR/USD on March 28. Show all posts

Forecast for EUR/USD on March 28, 2019

EUR/USD

This morning, the euro did not reach the target level of 1.2434, but it could still happen during the day, which does not break the convergence with the marlin oscillator on the four-hour scale. But regardless of this level's development, the price prepared the technical conditions for a small correction, in the range of 1.1275-1.1310. The upper limit of the range is due to the MACD line resistance on the four-hour chart.

xiWSm7XQc6OHuiFCyXXGjed7RVfOKfW4QhnB_0VQ

aZGjX8yMH_D_I4L2tJwdsZz_adboLycRMmhz-HI4

Consolidating prices below 1.1234 opens a new target - 1.1155 (Fibonacci reaction level 110.0%).

The material has been provided by InstaForex Company - www.instaforex.com