EUR/USD Daily Forecast - 13 March

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Monday, Mar 12 2018

EUR/USD Daily Forecast - 13 March

Euro went back and forth in the course of the yesterday's session, with support around 1.23 handle and resistance above 1.2340 area, in the end finishing the session around 1.2330 level. As for tomorrow we would pay attention to US CPI figures. Any type of supportive candles around 1.23 and 1.2260 area would be short-term buying signal, while resistive candles above 1.2360 and 1.24 level would be short-term selling opportunity.

In long-term trends, we would be buyers for this pair. We expect plenty of support around 1.15 handle, and next major resistive point above 1.25 handle.

More in this category: « GBP/USD Daily Forecast - 13 March AUD/USD Daily Forecast - 14 March »

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