eur usd weekly : reversal move tgt 1.14+

eur usd weekly technical analysis for 7 to 11 march 2016

eur usd weekly technical analysis for 7 to 11 march 2016

Eur usd pair this week closed at 1.10 with gains. Euro recovered all losses in last 2 session and closed near high. For next week this positive closing has major significance and suggest euro might continue to recover ahead. On upside 1.13-1.14 are strong resistances as well as short term target zones for euro.   On downside eur usd support zones as well as stop loss for long traders will be at 1.09 and 1.07. Price pattern and indicators divergences suggesting strong euro and weak dollar ahead.

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