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The EUR/USD pair is trading around 1.1627 above the 21 SMA and above -1/8 Murray, so it is expected to continue rising in the coming days and could reach the 200 EMA around 1.1735. It could even reach the 1/8 Murray around 1.1840.
The euro left a gap around 1.1820 on February 27, so it is expected to continue rising in the coming days until it reaches these resistance levels, so we will look for opportunities to buy around 1.1601.
If the euro falls below 1.1600, we can expect a bearish continuation, and EUR/USD could reach the -2/8 Murray around 1.1474.
Given that the Eagle indicator reached extremely oversold levels and has since been giving positive signals, any pullback will be seen as an opportunity to buy in the coming days.
The euro is expected to continue rising in the coming days, so we anticipate a sharp break above the downtrend channel around 1.1680. Then, we could expect the instrument to reach the 200 EMA around 1.1735 and finally, cover the gap left at the end of February around 1.1820.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
