EURUSD Daily Analysis – March 16, 2018

EURUSD is now facing 1.2273 support. A breakdown below this level could take price to next support level at 1.2155. On the upside, as long as 1.2273 support holds, the sideways movement in the trading range between 1.2273 and 1.2446 could be expected to continue and another rise to test 1.2446 resistance is still possible.

EURUSD 4-hour chart