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EUR/USD sees scope to 50% retrace next

Friday, March 27, 2015 8:49 AM UTC

Pair sees possibility to 50% retrace of 1.0457/1.1062 climb at 1.0760
Recoil to 1.0801 breached 38.2% fibo at 1.0831 as well as 21 DMA at 1.0850
Pair failed to sustain above 1.1000, outside day outlook remains bearish
Scope to return to below 1.0700. Offer adjusted at 1.0930, 1.0688 = 61.8% of 1.0457/1.1062 rise

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EUR/USD sees scope to 50% retrace next

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