EURUSD Daily Analysis – March 15, 2018

EURUSD moved sideways in a trading range between 1.2273 and 1.2446. Resistance is at 1.2446, a breakout of this level would suggest that the upside movement from 1.2155 has resumed, then further rise towards 1.2555 previous high resistance could be seen. On the downside, a breakdown below 1.2273 support could trigger further downside movement towards 1.2155 support. Below this level would aim 1.2050 area.

EURUSD 4-hour chart