EUR/USD | Strong rejection of bullish momentum

2020년 3월 27일

Major Resistance level at 1.1045-1.1046. At these points EUR/USD failed to make a breakout and fell below this Resistance with increase in Volume, making this area significant.

Another key points:

- Price above SMA100 and SMA200.
- RSI in uptrend line above 50 and below its SMA12.
- Price far above the significant Support at 1.062.

We remain neutral for the moment.