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EURUSD Technical Analysis Forecast Monday, March 16, 2015

ForexZig.com March 16, 2015

EURUSD Technical Analysis

In the preceding trading day forex currency pair EURUSD opened at 1.06219 and ended at 1.04944.

Daily top level was 1.06344 and daily low was 1.04620.

During the Asian trade session the currency pair EURUSD opened at 1.06219 and ended at 1.06120. Asian highest level was 1.06283, Asian lowest price was 1.06058.

During the European trade session the currency pair EURUSD opened at 1.05787 and ended at 1.05815. European highest level was 1.06344, European lowest price was 1.05715.

During the U.S. trading the pair EURUSD started trading at 1.05830 and closed at 1.05114. U.S. highest price was 1.05835, US lowest level was 1.04818.

EURUSD Monday, March 16, 2015 Daily analysis for EURUSD

Support Resistance points for Monday, March 16, 2015

S3 S2 S1 Pivot R1 R2 R3
1.02537 1.03579 1.04261 1.05303 1.05985 1.07027 1.07709

EURUSD Forecast

We expect short-term change at 0.00251 and a long-term shift at 0.00401 or our prediction is uptrend and to reach 1.05345.

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