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EUR/USD recovers from low of 1.0460, markets eyeing US FOMC meeting

Wednesday, March 18, 2015 11:40 AM UTC

RES 4: 1.0905
RES 3: 1.0867 (Ichimoku cloud top)
RES 2: 1.0740
RES 1: 1.0695 (Mar 13^th high)

PRICE: 1.0610 @ 11:32 GMT
SUP 1: 1.0504 (2003 lows)
SUP 2: 1.0460 (Mar 13^th low)
SUP 3: 1.0400
SUP 4: 1.0300

EUR/USD has recovered after making a low of 1.04685 and overall trend is bearish as long as 1.0695 holds.

The pair's minor resistance is around 1.0695 and above it can reach 1.0740/1.0867. Short term trend reversal can happen only above 1.1020 level.

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EUR/USD recovers from low of 1.0460, markets eyeing US FOMC meeting

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