Technical Analysis : EUR/USD - 18 March 2021

Technical Analysis : EUR/USD - 18 March 2021

EUR/USD Intraday: consolidation in place.

Our preference: short positions below 1.1960 with targets at 1.1930 & 1.1915 in extension.

Alternative scenario: above 1.1960 look for further upside with 1.1990 & 1.2020 as targets.

Comment: as long as 1.1960 is resistance, look for choppy price action with a bearish bias.