EURUSD Forex Analysis – Friday(15-03-2024)

EURUSD Forex Analysis – Friday(15-03-2024)

EURUSD Forex Analysis for Today – Friday(15-03-2024)

Opportunity to BUY EURUSD: Held at Support Area, CHECK NOW!

Daily Analysis EURUSD

EURUSD Pressured by Dollar Strength

US PPI data released higher than expected triggered the strengthening of the USD due to reduced possibilities of the Fed accelerating interest rate cuts.

Price Held at Support Area

Prices are held at the support area after dropping from the resistance area in line with yesterday’s analysis. Buy signal confirmation can be sought in that support area.

Prediction: STRONG EURUSD

Resistance

  • R1 1.08754
  • R2 1.08568
  • R3 1.08800
  • R4 1.08888

Support

  • S1 1.08568
  • S2 1.08754
  • S3 1.08471
  • S4 1.08397
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