EUR/USD Technical Analysis 22.03.2012

Amy Forex

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Hi All,

Yesterday the euro fell at the 1.3170 level which is considered as a correction move after and it is expected today to continue the bullish trend towards the 1.3285 level. If it breach up this level, the next target will be around the 1.3325 level.

We draw the attention of our traders that today several economic data will be announced. Also the speech the President of the European Central Bank and the U.S. President of the Federal Bank. For this reason, any penetration of the key support level1.3150 will push the prices to go down to the 1.3050 level.

chart22.png


Good Luck :)
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