EURUSD Overview, March 14

After touching fresh highs near 1.1340, the EURUSD pair has now lost momentum and retreats to the 1.1315 zone. Positive risk appetite trends have helped spot to bounce back from a week ago’s YTD lows in the 1.1180 area to yesterday’s fresh highs in the limits of 1.1340. The bias stays…

EUR/USD Technical Overview – March 11

From a specialized point of view, the bounce back from help set apart by 61.8% Fibonacci retracement dimension of the 1.0341-1.2556 up-move currently appears to face some new supply close mid-1.1210s, above which a new episode of short-covering could help the pair to head back towards recovering the 1.1300…