Article by Investazor.com
The support area failed to sustain the price above. EURUSD dropped yesterday all the way to 1.3750 from where it was rejected. Now it seems that bulls are trying to push it back towards the resistance area (ex support formed of the broken trend line and 1.3800/15 zone). Keeping in mind that it is now under the 200 EMA, I would not be surprised to see another drop and a continuation of the down trend. Lower targets would be 1.3750 and 1.3700.
The post EUR/USD Price Action For March 21 appeared first on investazor.com.