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RobertPapon
Mar 22, 2016 12:07 AM

Analysis and forecasts for EUR / USD 22/03/16 

Euro Fx/U.S. DollarFXCM

Description

Going to do analyzes Eurodollar wARTo go back to do the events of last week. Wednesday's message has led the Fed to change sentiment co Consequently, the strong dollar sell-off. Currency pair after reaching the maximum at 1.1343 currently moving in the framework of the adjustment. Zone aids extends between 1,1220-1,1245 and if it is maintained that the demand should lead to make gains in the area of Monday's maximum at 1.1285. The next natural target seems to be the resistance at 1.1343 (last week's maximum).

In the case of defeat Support, supply will make a deeper correction weight toward the 1.1144 level.

In My assessment after completion of the correction, we should be witnesses of further increases in the level of 1.1495.
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