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Fresh 2020 Lows Once Again *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Fresh 2020 Lows Once Again
*RES 4: 1.1189 High Mar 17 and key near-term resistance
*RES 3: 1.1048 Low Mar 16
*RES 2: 1.0981 High Mar 19
*RES 1: 1.0831 Intraday high
*PRICE: 1.0699 @ 16:15 GMT Mar 20
*SUP 1: 1.0653 Intraday low
*SUP 2: 1.0637 Low Apr 18 2017
*SUP 3: 1.0600 Round number support
*SUP 4: 1.0570 Low April 7 2017
EURUSD finished broadly flat but remains bearish following this week's sell-off.
The pair cleared the former 2020 low of 1.0778 , extending (sharply) its sharp
downtrend Thursday to hit 1.0655. The pair has traded lower in the Asia session
too with a low print of 1.0653. With bearish conditions dominating, the focus is
on 1.0637 and more importantly 1.0570, Apr 7 2019 low. Further out, the
multi-year low of 1.0341 is also on the radar. 1.1048 is a firm resistance.

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