EURUSD trend forecast March 11, 2025
💬EUR/USD remained within a familiar range on Monday, starting the new trading week on a relatively quiet note as traders prepared for a data-packed week from the US. Meanwhile, equities took a hit, with broad-based declines as investors grew increasingly cautious over mounting recession concerns. However, EUR/USD traders remained on the sidelines, awaiting key US inflation data before making decisive moves.
Forex Today: Focus turns to Japan's GDP and US employment data.
💬 Strong resistance, EURUSD price is stabilizing again, investors are prioritizing cash holdings amid concerns of global economic recession
🥇/// SELL EURUSD: zone 1.08750 - 1.08850
SL: 1.09100
TP: 40 - 60 - 100pips ( 1.07850)
Safe and profitable trading