After working model head and shoulders, currency pair EUR/USD showed strong growth and is now trading near the level of 1.12. As you can see, the values of the relative strength indicator reached a potential resistance area, where we can easily see the beginning of the downward correction. Moreover descending pattern with 5-0 daily chart EUR/USD is steel valid and suggests a continuation of the downtrend pair moving. Continuing growth currency pair EUR/USD up the 1.14 level will be the signal to cancellation option.
Daily forex forecast EUR/USD on March 14.
Thus, the forecast Forex EUR/USD on 03.14.2016 involves an attempt to fall in the rebound from the resistance area on the indicator RSI.
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