EURUSD Daily Analysis – March 26, 2018

EURUSD moved sideways in a trading range between 1.2239 and 1.2446. Another fall to test 1.2239 support would likely be seen in the coming days. A breakdown below this level could take price to next support level at 1.2155. On the upside, a breakout of 1.2446 resistance could take price to test 1.2555 previous high resistance. Above this level could signal resumption of the uptrend from 1.1554 (Nov 7, 2017 low), then next target would be at 1.2700 area.

EURUSD 4-hour chart