EURUSD Daily Analysis – March 7, 2018

EURUSD extended its upside movement from 1.2155 to as high as 1.2429. Further rise is still possible and next target would be at 1.2500 area. Support levels are at 1.2360 and 1.2325, only break below these levels could bring price back towards 1.2200.

EURUSD 4-hour chart