16 March 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD
Date : 16 March 2021
Pivot point : 1.1915
Our preference : long positions above 1.1915 with targets at 1.1940 & 1.1965 in extension.
Alternative scenario : below 1.1915 look for further downside with 1.1900 & 1.1885 as targets.
Comment : a support base at 1.1915 has formed and has allowed for a temporary stabilisation.
Supports and resistances :
1.1990 **
1.1965 *
1.1940
1.1933 – Last price
1.1915
1.1900 *
1.1885 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.