Euro / U.S. Dollar
Short
Updated

EURUSD - 31 Mar, resistance! waiting for SELL signal, MONDAY

222
EURUSD trend forecast March 31, 2025

💬The EUR/USD pair finds support after dipping toward the 1.0800 region during the Asian session and attempts to extend its recovery from last Thursday’s multi-week low. However, the rebound lacks strong bullish momentum, with the pair currently hovering around 1.0835, remaining flat for the day.

The US Dollar (USD) continues to face selling pressure for the third consecutive day amid concerns over stagflation in the US, which provides a tailwind for the EUR/USD pair. Despite indications of rising inflation, USD bulls appear largely unfazed, as investors speculate that the Federal Reserve (Fed) may still delay rate cuts beyond June. Notably, Friday’s release of the US Personal Consumption Expenditure (PCE) Price Index showed that the core measure—excluding food and energy—rose by 0.4% in February, marking the largest monthly increase since January 2024 and pushing the annual rate up to 2.8%.

💬 EURUSD price recovered at the beginning of the week, waiting for resistance zone, suitable selling point.

🥇/// SELL EURUSD : zone 1.08500 - 1.08600

SL: 1.08900

TP: 40 - 60 - 100pips ( 1.07600 )


Safe and profitable trading
Trade active
wonderfull , + 40 pips signal SELL EURUSD today ( 1.08500 - 1.08600 )
Trade closed: target reached
Near 70 pips , signal SELL EURUSD zone ( 1.08500 - 1.08600 )

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