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  • EUR/USD (H4): Important support
  • Forecast: Looking for further decreases below 1.0880
  • Alternative Scenario: Rebounding from 1.08000 and targeting trend line
  • Comments: Market broke below upward trend line
  • Payout: PUT @ 1.0880 à 81% return expiring at 20:00GMT

EU_screen 27.03

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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