25 Mar 2015
Going long on EUR/USD – GrowthAces
FXStreet (Barcelona) - The GrowthAces Research Team maintains their bullish outlook on EUR/USD, entering into a long position on the pair, targeting 1.1180 levels.
Key Quotes
“The EUR/USD retreated yesterday after breaking above the 1.1000 level for a while. Slightly higher-than-expected U.S. CPI inflation supported the USD bulls.”
“We used lower EUR/USD levels to get long again after taking profit at 1.1000. We bought EUR/USD at 1.0920, in line with the trading strategy from yesterday’s Market Overview. We set the target at 1.1180.”
“Resistance: 1.0029 (high Mar 24), 1.1062 (high Mar 18), 1.1115 (high Mar 5)”
“Support: 1.0891 (low Mar 24), 1.0886 (21-dma), 1.0768 (low Mar 23)”
Key Quotes
“The EUR/USD retreated yesterday after breaking above the 1.1000 level for a while. Slightly higher-than-expected U.S. CPI inflation supported the USD bulls.”
“We used lower EUR/USD levels to get long again after taking profit at 1.1000. We bought EUR/USD at 1.0920, in line with the trading strategy from yesterday’s Market Overview. We set the target at 1.1180.”
“Resistance: 1.0029 (high Mar 24), 1.1062 (high Mar 18), 1.1115 (high Mar 5)”
“Support: 1.0891 (low Mar 24), 1.0886 (21-dma), 1.0768 (low Mar 23)”