EUR/USD Forecast March 20, 2017, Technical Analysis

EUR/USD daily chart, March 20, 2017
EUR/USD daily chart, March 20, 2017

The EUR/USD pair had a slightly negative session on Friday, as the 1.08 level looms just above. I think we may need to back up just a little bit in order to build enough momentum to finally break out above that handle. Once we do, the market could go to the 1.10 level, and then possibly the 1.12 level after that. I think that the 1.07 level will offer a bit of support, just as the 1.06 level under there should. Either way, it’s going to be a very choppy market it almost always is anyway, so you will have to be nimble.

EURUSD analysis Video 20.3.17

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SymbolLast PriceChange
EURUSD
EUR/USD
1.1766
-0.0009
-0.08%
GBPUSD
GBP/USD
1.3341
-0.0005
-0.04%
XAUUSD
Gold
1244.4
+1.8700
+0.15%
CL
Crude Oil
58.320
+0.4200
+0.73%
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S&P 500
2667.5
+2.2500
+0.08%
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DAX 30
13151.7
-35.750
-0.27%
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