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EUR/USD barriers continue to fall, can't hold above 1.1050

Thursday, March 5, 2015 5:44 PM UTC

Source: Thomson Reuters

EUR/USD bounce off earlier low can't hold above 1.1050, USD lift followed
Bears press their case and clear the 1.1000 barrier, Long-Term bears have Sep '03 low eyed
RSIs oversold but show no divergence, won't impede losses
Spread tightening still ignored; stops below run, and a new long-term trend low (1.0988) hit

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EUR/USD barriers continue to fall, can't hold above 1.1050

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