empty
 
 
07.03.2013 06:07 PM
EUR/USD - bullish outlook - for March 07, 2013 (daily strategy)

This morning the euro is trading at 1.3010, above the psychological level of the pair. As we have said earlier, we see that even the euro maintained its upward trend above the 200 day moving average above 1.2888, and that all reverse is just an opportunity to buy this pair. Therefore, currently buy the pair with objectives to the level of 1.31, key level. If the pair closes above 1.3101, you can re-buy this pair targeted to first weekly resistance 1.3235. On the other hand, the momentum indicator is showing bullish sign.

This image is no longer relevant

If you need personal consultation, contact me via e-mail: [email protected]

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback