EURUSD forex analysis for today, Wednesday(20-03-2024)

EURUSD forex analysis for today, Wednesday(20-03-2024)

EURUSD Currency Pair Analysis for Today

Check out the analysis for EURUSD currency pair for today, Wednesday(20-03-2024).

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Check Selling Opportunities for EURUSD: Potential Price to Move Drop Base Drop!

Daily Analysis for EURUSD

ECB Policy Discussion on Interest Rate Reduction

ECB policymakers hinted at progress in easing inflation and began discussions on interest rate cuts.

Bearish Continuation

Prices have the potential to move drop base drop on the H4 time frame. Look for sell signals as long as it doesn’t break through the resistance area.

Prediction: WEAK EURUSD

Resistance Levels

  • R1 1.08701
  • R2 1.09173
  • R3 1.08388
  • R4 1.08075

Support Levels

  • S1 1.09240
  • S2 1.08615
  • S3 1.09498
  • S4 1.09811
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Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.


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