EnglishMyanmar (Burmese)

Euro/Dollar forecast for today: EURUSD analysis  24.03.2022

The short-term euro downtrend continues. The chart shows a price drop in the zone of 1.1031 – 1.1020. March 22 low serves as the first target of this decline. The second target is the Target Zone 1.0945 – 1.0926. Breakout of the TZ downside will allow the price to drop to the Gold Zone 1.0849 – 1.0839.

Level 1.1066 serves as the border of the short-term downtrend. To reverse the trend and open purchases, it is required to break out the beforementioned level and consolidate the price above.

EURUSD trading ideas for today:

Hold down sales entered in the zone of 1.1031 – 1.1020.

TakeProfit: 1.0980, Target Zone 1.0945 – 1.0926.

StopLoss: 1.1048.

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.