EURUSD still appears vulnerable, following the recent move lower from 1.1137, the Mar 17 high. Recent price action challenged resistance at 1.1121, Jan 28 low and the Mar 10 high, but failed to confirm a clear break of this hurdle. This has reinforced bearish conditions and note that the primary trend remains down. Further weakness would open 1.0890, the Mar 9 low and 1.0806, Mar 7 low and bear trigger. Key short-term resistance is at 1.1137.

Foreign Exchange Technical Analysis Homepage markets-real-time Bullet Markets Foreign Exchange News

Taso Anastasiou

Foreign Exchange Technical Analysis Homepage markets-real-time Bullet Markets Foreign Exchange News

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