Technical Analysis of the EUR/USD Pair for March 19
All investors' attention this week is focused on the Fed's interest rate decision tomorrow. It is predicted that the decision will be in favor of maintaining the current rate of 2.5%. The dollar index continues to decline and is at a monthly minimum, below the 96.00 mark.
The euro has been strengthening against the dollar since the middle of last week, moving away from three-year lows.
Technical indicators point to a pair purchase and we expect that the price will be able to overcome the levels of 1.1360 and 1.14, having fixed above the given levels.
Therefore, we advise you to take long positions on this pair and consider targets for marking near tthe levels of 1.1380 and 1.1440.