Daily Technical Analysis and Forex tips 22 March 2018

Daily Technical Analysis and Forex tips 22 March 2018
Daily Technical Analysis and Forex tips 22 March 2018
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Read market analysis, Fx news, Forex tips and technical analysis of US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar and Australian Dollar of 22 March 2018

EUR/USD Intraday: the bias remains bullish

Our preference for long positions above 1.2330 with targets at 1.2395 & 1.2425 in extension. Alternative scenario is below 1.2330 look for further downside with 1.2310 & 1.2285 as targets.

GBP/USD Intraday: further upside

Our preference is long positions above 1.4120 with targets at 1.4200 & 1.4235 in extension. Alternative scenario is below 1.4120 look for further downside with 1.4080 & 1.4040 as targets.

USD/CHF Intraday: under pressure

Our preference short positions below 0.9515 with targets at 0.9440 & 0.9420 in extension. Alternative scenario is above 0.9515 look for further upside with 0.9550 & 0.9570 as targets.

USD/JPY Intraday: the downside prevails

Our preference is short positions below 106.15 with targets at 105.55 & 105.35 in extension. Alternative scenario is above 106.15 look for further upside with 106.35 & 106.60 as targets.

USD/CAD Intraday: the downside prevails

Our preference short positions below 1.2915 with targets at 1.2800 & 1.2770 in extension. Alternative scenario is above 1.2915 look for further upside with 1.2950 & 1.3100 as targets.

AUD/USD Intraday: the upside prevails

Our preference long positions above 0.7725 with targets at 0.7785 & 0.7805 in extension. Alternative scenario is below 0.7725 look for further downside with 0.7705 & 0.7675 as targets.

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