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) .
