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Daily Forex Analysis – March 25, 2013

Forex Analysis

This post by ForexCycle.com has been reprinted from Forex Market Analysis.

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EURUSD Analysis. EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.3711 (Feb 1 high) had completed at 1.2843 already, then the following upward movement could bring price to 1.4000 zone. On the downside, as long as [...]

ForexCycle.com @ March 25, 2013

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