EURUSD Technical Analysis and Key Levels 03-28-2018
Yesterday our harmonic patterns worked well and the pair made a retracement of 100 pips.
On the H4 Chart, the price is above EMA 50, EMA 100 and EMA 200.
Key Levels of today:
On the upside: 1.24200, 1.24500, 1.24800 and 1.25120
On the downside: 1.23900 1.23590 1.23300
Break below 1.23300 will change the shortterm trend and price will be under bearish pressure.
Above 1.25120, the target of the pair will be 1.26000.
We have a bearish black swan pattern which would be completed at D 1.26050 – 1.261500.
We would be focusing on this pattern to short.
On the H4 Chart, the price is above EMA 50, EMA 100 and EMA 200.
Key Levels of today:
On the upside: 1.24200, 1.24500, 1.24800 and 1.25120
On the downside: 1.23900 1.23590 1.23300
Break below 1.23300 will change the shortterm trend and price will be under bearish pressure.
Above 1.25120, the target of the pair will be 1.26000.
We have a bearish black swan pattern which would be completed at D 1.26050 – 1.261500.
We would be focusing on this pattern to short.
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