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Main » 2019 » March » 23 » The euro dollar forex forecast pair EUR / USD today 25.03.2019: EURUSD rate reached a 9-day low
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The euro dollar forex forecast pair EUR / USD today 25.03.2019: EURUSD rate reached a 9-day low

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Currency pair EUR \ USD in currency trading on Friday fell to a 9-day low, amid rising greenbacks, and as disappointing data from Germany. index of business activity in the manufacturing sector in March fell to 44.7 while the forecasted value of 48. The index of business activity in the services sector amounted to 54.9 against the forecast of 54.8. The composite PMI fell to 51.5 against the forecast of 52.7. Out data on the index of business activity and new home sales in the United States. 

 

 

 

 

Technical outlook EURUSD today 25/03/2019 : The course of the currency pair EUR \ USD closed Friday's consolidation around the level at 1.1300. If the sellers will be able to gain a foothold below EURUSD, the euro will continue to decline in quotations urovnyuz to 1.1270 and then 1.1250 (30). If buyers the EURUSD will keep the euro above 1.1300, likely to increase the euro and re-test the level of 1.1400.

 

 

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