KENJICHEN

0328-EURUSD Analysis

Long
FX:EURUSD   Euro / U.S. Dollar

EURUSD
Euro had been weakness after FED speech, and it is almost near 1.12 level again.

Depend on Euro downtrend pattern, it probably got bounce opportunity today, thus Asia market retest 1.1243 gave market positive signal for long.

In today's view, I consider to try long position around at 1.1250 and defense at 1.1230, if once Euro mkt can hold on 1.1240 then will be a chance to push up.

Support: 1.1215 / 1.1243
Resistance: 1.1267 / 1.1285
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