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EURUSD: Facing Critical Resistance Level | March 23, 2017



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Eurusd is fighting with critical resistance zone at 1.0810-30 level. On higher time frame in Daily chart, this pair touched this level for the third time in recent times. This pair fell from this level twice before. Now it will be tested level for this bullish trend currently. If we can see any big bearish candle on this level, then we can go for sell. Otherwise, this pair can fly more if it breaks this resistance level.
On h1 time frame on the given chart, a bullish flag has formed. So with recent range zone, we can take entry according to the breakout of range zone. If break lower 1.0770, then sell with targeting 30-100 pips. If it breaks higher level, then go for a long position with 40-150 pips target.


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