EURUSD VIEW ON 30-3-2016

WE ARE LOOKING AT THE MOMENT THE PRICE REACHING THE PAST RESISTANCE LEVEL ,WATCHING THE HIGHEST CLOSE SINCE OCT-22, THE PRICE IS NOT SHOWING ANY IMPORTANT PRICE ACTION TO THE MOMENT SO WE MIGHT SEE THE CURRENT MOVE TO THE UPSIDE CONTINUE TO THE WEEKLY RESISTANCE AT 1.1468.

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Comment:

At the moment we look acting as predicted, with the price almost hitting the weekly resistance but finding bearish action a little before, what might indicate bears were very active watching this level to short the pair.

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