Weekly technical levels of EUR/USD for March 17-21, 2014 Trend News

Weekly technical levels of the EUR/USD pair.

Notes :

• The double top will set at the level of 1.3966.


• The minor support is going to set at 1.3901. And this level is going to represent the weekly pivot point on March 17, 2014.


• The major support had already set at the price of 1.3836. Moreover, the double bottom is also coinciding with the major support for March 17-21, 2014.


• The price hit the weekly pivot point and the resistance 1 last week, because of the series of relatively equal highs and equal lows.


• We expect a range of 153 pips this week.

Technical levels for March 17-21, 2014.

• Projected high: 1.4184


• Breakout (buy stop): 1.4129


• Strong resistance (sell limit): 1.4099


• Current pivot: 1.3900


• Strong support (buy limit): 1.3700


• Breakout (sell stop): 1.3675


• Projected low: 1.3625

The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Weekly technical levels of EUR/USD for March 17-21, 2014 . Thanks for your support on Weekly technical levels of EUR/USD for March 17-21, 2014