EURUSD Daily Analysis – March 20, 2018

EURUSD rebounded to 1.2358 after touching 1.2273 support. However, another fall to retest 1.2273 support is still possible, and a breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2446, only break above this level could trigger another bullish movement towards 1.3000.

EURUSD 4-hour chart