03.03.202113:56 Ανάλυση και κριτικές Forex: EUR/USD review on March 3, 2021

Exchange Rates 03.03.2021 analysis


The euro gave a signal upward, breaking through the level of 1.2110, then pulled back shortly.

The reason is the release of the US employment report for February (from ADP) at 13:15 UTC.

You may keep buying from 1.2098, stop at 1.2050.

If the stop is removed, buy from 1.2115.

Sell from 1.1990.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Jozef Kovach,
Analytical expert
InstaForex Group © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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

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