10:00, 21 March
EURUSD Daily Analysis
The EURUSD pair posted moderate losses in the previous session and closed at 1.2242, after nudging a low at 1.2240. Even .though the daily MACD has crossed its centerline negatively, the RSI and stochastic indicators are sharply heading towards the .north, reflecting a positive momentum in the pair. On the 8H chart as well, the RSI and stochastic indicators are moving upwards, further substantiating the above outlook.