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EURUSD first resistance at 1.1040/45 is the main challenge for bulls today

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 08 March 2016 GBPUSD spot GBPUSD holding above 1.4240/50 keeps bulls in short term control & a break above 1.4280 targets strong resistance at 1.4325/30 where a high for the recovery looks likely. Try shorts with stops above 1.4370. First support at 1.4240/50 but below here targets 1.4215 then minor support at 1.4180/75. If we continue lower look for good support again at 1.4155/50. Longs need stops below 1.4120. USDJPY Spot USDJPY breaks lower trend line support at

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