EUR/USD, 1.0900, 1.0800, 10700…

eur-usd 01.04.

Euro is falling slowly for few days and based on this analysis this is obvious downtrend, supported at ’rounded levels’, first it was 1.0900, follows 1.0800, now at 1.0700… Could the pair reach 1.0600? If euro manage to brake this down trendline and push true the 1.0800/20, higer levels are possibles, this is how I see possible development. Otherwise, if 1.0700 brakes, 1.0600 is possible as well. At this level 1.0750 there is H4/MA100, as you can see, the pair is moving around for more then 24 hours, that’s why I see this level as solid support. Is it time to move on, back to the higher levels?

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