Eurozone Services PMI (Mar) declines to 54.2 , EURUSD remains under pressure !

EURO 20 qdvcqu
EURO 20 qdvcqu

The Euro-zone Services PMI (Mar) has declined to 54.2 , below expectations  and last read 54.3 . The EURUSD has printed resistance at the 1.0946 levels , stability below this level will keep the pair under pressure , support comes at the 1.0843 levels , a cut would would open 1.0770 next , further down will target the 1.0712 levels …

On the upside , any rise should be limited below 1.0946 levels ……….whatever , a short term resistance has bee confirmed at the  1.1035 levels (weekly resistance) .

 

Eurozone Services PMI (Mar) declines to 54_2 , EURUSD remains under pressure !

 

 

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