Forecast for EUR / USD for March 5, 2019

EUR / USD

On Monday, the euro overcame an important technical support - the accumulation of technical support in the area of 1.1340, and is now ready to continue its decline towards the nearest significant target 1.1215 - the minimum on November 13. On the daily and H4 charts, the price fixed below the Kruzenshtern lines. The Marlin oscillator lines in the drop zone which is also on both graph, confirm the trend.

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The material has been provided by InstaForex Company - www.instaforex.com

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