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12.03.202617:16 Forex Analysis & Reviews: Trading Signals for EUR/USD on March 12-14, 2026: sell below 1.1591 (21 SMA - -2/8 Murray)

Relevancia 11:00 2026-03-26 UTC--4

Exchange Rates 12.03.2026 analysis

The EUR/USD pair is trading around 1.1539 with a bearish bias and is likely to continue falling in the coming days, potentially reaching the -2/8 Murray level around 1.1450 and even the lower band of the descending trend channel around 1.1430.

Given the euro's negative signal, at current price levels, we can look for selling opportunities with targets at the -2/8 Murray level. If this level is broken, we could continue selling with targets at 1.1430.

Conversely, if the euro consolidates above the 21 SMA or around 1.1591, we could expect a sharp break of the descending trend channel, which could change the outlook and lead to the euro returning to the 1.1840 level.

Since the euro is under bearish pressure, a pullback towards the -1/8 Murray level or the 21 SMA would be seen as a sell signal in the coming hours.

The eagle indicator is showing a negative signal, so we will continue selling until the price reaches significant support levels.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
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