EUR/USD technical analysis for March 20 The U.S. Dollar rose against the Euro on Wednesday, March 19, after the U.S. Federal Reserve announced its plans on reduction of monthly bond purchases by 10 billion dollars. The trading day ended in favor of the U.S. Dollar which strengthened against the Euro by 102 points, the volatility was 134 points. Having a look at H4 chart we may notice that on Wednesday the breakdown of the support level of 1.3885, resulted in strengthening of the bearish sentiments and our first goal for yesterday (1.3825) was reached during the American session. READ MORE: https://forexcamping/newsdetail/eurusd-technical-analysis-for-march-20/
Posted on: Thu, 20 Mar 2014 07:53:03 +0000
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