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EURUSD: Hesitates, Faces Pullback Threats

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EURUSD: Hesitates, Faces Pullback Threats

Postby FXTechstrategy » Tue Mar 28, 2017 12:17 pm

EURUSD: With the pair now seen threatening a move lower, it looks to extend corrective pullback. On the upside, resistance comes in at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level. Further up, resistance lies at the 1.1000 level where a break will expose the 1.1050 level. Conversely, support lies at the 1.0800 level where a violation will aim at the 1.0750 level. A break of here will aim at the 1.0700 level. All in all, EURUSD faces pullback threats on price failure.

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