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EURUSD Outlook 7-11 March, 2016 | March 6, 2016



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Eurusd has pulled back from support level. On the chart, we can see that this pair has rejected from 1.0900 level and formed a pin bar on h4 time frame. This candle is suggesting its bullish power. We can follow this bullish pin bar and so we need to stay on bullish mode on this pair.

1.0905-1.0930 level can be good buy zone for this pair. So we should look for buy setup on this pair. Stop loss will be below 1.0900 and target will be 1.1000 and then 1.1068 level. Next resistance lies on 1.1068 level.


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