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Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for March 11th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar expanded its trading range downwards to form the reversal pattern, and then, being influenced by the news, expanded the range upwards as well. The pair has reached its target. However, the form of this ascending movement implies that today the price may be corrected towards 1.1057 and then (an alternative scenario) form another ascending structure with the target at 1.1290. Later, in our opinion, the market may continue

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