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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 21.3.2024

Technical Analysis
Thursday, March 21, 2024 - 12:30
Point Trader Group
EURUSD 21.3.2024

General trend: down.
Expected scenario:
The pair is trading below a strong resistance level represented by the short-term bearish trend line, which enhances the chances of a decline to 1.0870 – 1.0850.
Alternative scenario:
The scenario turns bullish by breaking the upper border, targeting 1.0980.
The most important levels
resistance:
1.0935 – 1.0980
support:
1.0870 – 1.0850

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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