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24.03.201711:57 Forex Analysis & Reviews: EUR/USD analysis for March 24, 2017

Long-term review

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Recently, the EUR/USD pair has been trading upwards. The price tested the level 1.0821. According to the 1H time frame, I found broken falling wedge and upward cycle. My advice is to watch for potential buying opportunities. There is also an upward channel, which is holding successfully. Targets are set at the price of 1.0820, 1.0900, and 1.0950.

Resistance levels:

R1: 1.0800

R2: 1.0810

R3: 1.0820

Support levels:

S1: 1.0770

S2: 1.0760

S3: 1.0750

Trading recommendations for today: watch for potential buying opportunities.

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