Mar
8

EUR/USD D1 Technical March 08

Yesterday in late session EUR/USD got bullish strength and target 150 pips. Pair still have a strength to move up and target its next resistance 1.3141 level. If EUR/USD breakthrough this level and H4 candle close above it then pair is likely to continue its uppish trend and  test its next resistance at 1.3170 level.

On the other hand, break of support level will show bearish strength for pair and EUR/USD will then move southward and target 1.2950 level.

High impact News can affect the trend of pair. News like Non-Farm Employment Change, Unemployment Rate.

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