EURUSD – the currency pair is trading in a limited range

18.03.2024

Four-hour chart of EUR/USD. The situation on the chart has not changed much. The currency pair remains in a limited range located between the lines of daily and four-hour supertrends. Today the price may continue to move in this range. In the medium term, we expect the price to move upwards from the sideways range, with consolidation above the line of the four-hour supertrend. Long-term target for growth is the main resistance level (8/8).

Recommendations: Buy 1.0880 TP 1.0925