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EUR/USD dips below 10 & 21-DMAs after US data

Monday, March 30, 2015 12:55 PM UTC

Source: Thomson Reuters

EUR/USD slips below 10 & 21-DMAs after US data
Bearish follow through limited, EUR net shorts at record so any downside likely grinds rather than sprints
Yield spreads weigh a bit & RSIs add some pressure, 1.06-1.10 likely defines range for now
Price might mirror late-Jan/early Feb, big drop then hug 10 & 21-DMAs

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EUR/USD dips below 10 & 21-DMAs after US data

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