EUR/USD breaks 200 day HMA, decline till 1.0600 is expected Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 30, 2015 10:53 AM

• RES 4: 1.1050

• RES 3: 1.10250

• RES 2: 1.0950

• RES 1: 1.0886 (1 hour cloud top)

PRICE: 1.08330 @ 10:51GMT
• SUP 1: 1.0840 (200 day HMA)

• SUP 2: 1.0800

• SUP 3:1.0750

• SUP 4: 1.0600
Commentary:
EUR/USD is slightly trading below 200 day HMA and this confirms intra day weakness decline till 1.0600 is possible. On the upside minor resistance is around 1.09500 and intraday bullishness can been above that level.