Daily forex forecast/signal EUR/USD on March 18

forex_news_euro_6The currency pair EUR/USD shows the growth towards the area of maximums of February. We have the rate of Dollar under pressure now because of the US Federal Reserve System meeting results. Such “soft” comments of Janet Yellen “destroyed” all positive mood of the market players to stack on Dollar.

Daily forex forecast/signal EUR/USD on March 18


There is a motion up to the goal border from the week EUR/USD forecast on the four hour chart. The RSI has demonstrated the resistance level breaking, which allows “bulls” on Euro to keep going up. Thus, the Forex forecast EUR/USD on 18 March 2016 considers the growth of quotations towards the top line of the rising channel to the area 1.1400.


 

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