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14.03.201909:34 Forex Analysis & Reviews: Forecast for EUR / USD pair on March 14, 2019

Long-term review

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On Wednesday, the euro grew by 43 points, where the MACD line (blue), balance lines (red), and the price channel lines (blue) are stuck in the resistance level on the daily scale. Fixing the price above yesterday's maximum will allow the price to rise towards the upper limit of the steeper price channel, which is marked in red at 1.1377. On the other hand, fixing the price below the MACD line on the four-hour chart at 1.1295 aims the course towards the support of the channel in the area of 1.1120.

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