EUR/USD is deploying effort around 1.1200

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is deploying a consistent amount of effort in jumping over the 1.1200 trading point this event became real after the most recent setback encountered around the 1.1210 point.
EUR/USD analysts consider for now at least that the 1.1215 will be hard to get by therefore there is a strong possible outcome that the trading cross will rest for a short period of time in the proximity of the 1.1190 level before venturing again upwards.

At the same time traders have announced that the United States Dollar is getting back on track and it will offer a substantial addition for the 1.1200 point.

 

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High = 1.1224

EUR/USD 29th of March 2016 trading chart

EUR/USD 29th of March 2016 trading chart

 

Low = 1.1170

 

 

S3 = 1.1118 S2= 1.1149 S1 = 1.1176

 

R1 = 1.1244 R2 = 1.1272 R3 = 1.1298

 

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is looking upwards towards the 1.1236 level and the1.1257 point.

 

On the other side of the medal only by jumping over the 1.1173 point this will clear the path towards the 1.1115 point at first followed close up by the 1.1100 point.

 

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