eur usd weekly : strong recovery resistance at 1.1340

eur usd forex technical analysis for 21 to 25 march 2016

eur usd forex technical analysis for 21 to 25 march 2016

Euro dollar forex pair this week closed with gain. This was third gaining week for euro against weak us dollar. On weekly chart, price trend is down but momentum is strong bullish and on recovery side. On upside 1.1340 is immediate resistance and above it, euro next target will be 1.1875. On downside, euro usd weekly chart support zones are 1.10 and 1.0780.

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