empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

09.03.202208:53 Forex Analysis & Reviews: Trading plan for EUR/USD on March 9, 2022

A strong downward momentum on the EURUSD pair has been going on for a long time. The question arises, what correction levels can be expected to sell this pair?

The first significant resistance is the Weekly Control Zone 1.1017-1.1.0998. While the pair is trading below this zone, it is necessary to concentrate on finding a pattern to sell the instrument. A test of the specified zone will give the most favorable prices for entering a short position. Due to the strong pressure of the current situation, a reversal bearish pattern may form after a false breakout of yesterday's high.

Exchange Rates 09.03.2022 analysis

It is important to understand that such a strong bearish momentum cannot be broken in a short time and the transition to a new phase will take quite a long time. This may take one to three months. In this regard, the search for purchases at this stage is not profitable.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.