EURUSD Forex Analysis for Today, Tuesday(26-03-2024)






EURUSD Forex Analysis for Today, Tuesday(26-03-2024)

EURUSD Forex Analysis for Today, Tuesday(26-03-2024)

Look for Buying Opportunities for EURUSD! Price Tests Support Area!

Daily Analysis EURUSD

Weakening Against the Dollar

Market sentiment leans towards The Fed initiating a rate cut in June and the current weakening of the US Dollar.

Held in Support Area

EURUSD is potentially testing the support area before its rise again. Look for buy signal confirmation as long as the price does not penetrate the support area.

Prediction: STRONG EURUSD

Resistance

  • R1 1.08116
  • R2 1.07634
  • R3 1.08423
  • R4 1.08666

Support

  • S1 1.07634
  • S2 1.08116
  • S3 1.07402
  • S4 1.07139


JustMarkets

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.

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