Weekly forecast, Mar 14 - 18: sideways trend between 1237 - 1287

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 13, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Main scenario: The pair is trading along an sideways trend between support 1237 and resistance 1287. An downtrend will start as soon, as the pair drops below support level 1237, which will be followed by moving down to support level 1211 and 1190. Alternative scenario: The uptrend may be expected to continue in case the market rises above resistance level 1287, which will be followed by reaching resistance level 1318.

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