Mar 17, 2015

Forex Technical Analysis 17.03.2015 EUR/USD

FXTM Online Analysis Department.


EUR USD, “Euro vs US Dollar”

Eurodollar has finished an ascending impulse with an extension and right now is correcting it. We think, today the price may form a consolidation channel by falling to reach level of 1.0510. If the market breaks this channel upwards, it may start a correction. The target of this wave is at level of 1.0833.

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