Forex Strategy & Forex Trading Strategies made by Professionals for Beginners & Experts

Plus500

EUR/USD Price Action For March 25

Euro had a 90 pips rally yesterday. The EURUSD price went all the way to 1.3875, but pulled back and consolidated near 1.3830. A break above 1.3840 and the 200 EMA, for the 60 minutes chart, could mean another rally to retest 1.3875, 1.3880 or why not 1.3900. Keep your eyes open for a break under 1.3920, because that would be a negative signal. In this case the price could fall back to the 1.3760 support level.

EUR/USD Price Action For March 25 by