EUR/USD Classical 03.24
EUR/USD: Daily studies have had time to unwind from oversold levels following the major drop in January and February, and there is plenty of room for studies to track lower which is supportive of the prospects for renewed weakness. In the interim, key short-term resistance comes in by 1.3570, with only a break back above this level to take the immediate pressure off of the downside.
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com
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