EUR/USD, down again!

eur-usd 31.03.

I wrote in my EUR/USD analysis from Friday, that 1.0900 brake coud be fail brake based on rumor and so it was. After that, the  euro resisted yesterdays US dollar strenght, but didn’t manange to hold today. First, support at 1.0800 eased, 1.0750 after and US dollar pressure push the pair down true the support and H4/MA100 at the low of the day, to 1.0720 for now. Minor support is waiting at 1.0695/700, the stronger one at 1.0620/40. Previous support at 1.0750/70 could be first resistance now on the way to recover, down trendline is next at aprox 1.0800, which is the previous support from yesterday as well.

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