logo

FX.co ★ EUR/USD Weekly technical levels for March 25 - 29, 2013

EUR/USD Weekly technical levels for March 25 - 29, 2013

EUR/USD Weekly technical levels for March 25 - 29, 2013

DESCRIPTION:

After a break above 1.3009 level, the EUR/USD pair will try to reach 1.3054; if this level can be hit. We must pay attention to this situation, if it can breach above 1.3054 then the EUR/USD pair will try to reach 1.3112 for this whole week but if 1.3054 can act as a strong resistance, then this currency will be turn around to downsides again and will try to reach 1.3009.

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group

InstaForex Companies Group

https://instaforex.com

Email: Arief.jakarta@indo.instaforex.com

Yahoo Messenger and Skype: Arief.ifx_jakarta

blog.mt5.com/arief

https://www.mt5.com/forex_analysis_award/profile/index/arief

Disclaimer:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account