EURUSD Forex Analysis – Thursday(14-03-2024)





EURUSD Forex Analysis – Thursday(14-03-2024)

EURUSD Forex Analysis for Today – Thursday(14-03-2024)

Selling Opportunity for EURUSD Now! Prices Held at Resistance!

Daily Analysis EURUSD

Market Cautious Watching ECB and Fed

The macroeconomic prospects of the euro area and the US remain stagnant, while the market monitors the steps of the ECB and Fed, which are expected to cut interest rates in June.

Prices Held at Resistance Area

Prices are held at the resistance area, while yesterday’s high failed to surpass Tuesday’s high. Sell signal confirmation can be sought in that resistance area.

Prediction: WEAK EURUSD

Resistance

  • R1 1.09885
  • R2 1.09577
  • R3 1.10067
  • R4 1.10254

Support

  • S1 1.09577
  • S2 1.09885
  • S3 1.09440
  • S4 1.09177


JustMarkets

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