24.03.2015 EUR USD

Forex Technical Analysis 24.03.2015 EUR USD

FXTM Online Analysis Department.

EUR USD, “Euro vs US Dollar”

Eurodollar has completed an ascending structure. We think, today the price may fall towards level of 1.07675 and then form a consolidation channel.

 If the market breaks this channel upwards, the correction may continue up to level of 1.2250; if downwards – continue falling inside the downtrend to reach new lows.