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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 29.3.2023

Technical Analysis
Wednesday, March 29, 2023 - 14:38
Point Trader Group
EURUSD 29.3.2023

Main trend:

Bearish.

Expected scenario:

The pair is trading below a strong resistance area 1.0930 – 1.1024 which might push the pair towards 1.0670 – 1.0600.

Alternative scenario:

The scenario fails and turns to bullish after the breakout of 1.1100.

The most important levels

Resistance:

1.0930 – 1.1024

Support:

1.0670 – 1.0600

  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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