Forex Technical Analysis 18.03.2015 Euro vs US Dollar

Forex Technical Analysis 18.03.2015 Euro vs US Dollar

FXTM Online Analysis Department.

EUR USD, “Euro vs US Dollar”

Eurodollar continues moving downwards; so far this descending movement may be considered as a correction. We think, today the price may define the lower border of its consolidation channel.

 If the market breaks this channel upwards, it may continue growing to expand the current trading range.