EURUSD Daily Analysis – March 17, 2014
EURUSD’s upward movement from 1.3477 extended to as high as 1.3966.
EURUSD’s upward movement from 1.3477 extended to as high as 1.3966.
AUDUSD remains in uptrend from 0.8660 (Jan 24 low), the price action from 0.9080 could be treated as consolidation of the uptrend.
The AUD/USD pair initially try to rally during the session on Tuesday, but as you can see found enough resistance to push the market back down.
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer.
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally.
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle.
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis.
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914.
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again.
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer.