EURUSD ready to break off the bull train

27 Mar 2020

If you have assets in the EUR sector, I'd advise you to back out. After 3/27 red market, it's possible to see a stronger USD as well as bulls taking profit at 1.10 level. We have STRONG RESISTANCE at 1.06 for the 1wk low, so be ready to see a downtrend beginning in the next week.