Topic: Intraday technical levels and trading recommendations for EUR/USD for
Daily Fixation below 1.3870 gathered significant bearish pressure enough to push towards the recent Demand Zone around 1.3700-1.3730.
Thus, the EUR/USD pair established a new SUPPLY level at 1.3845. It rejected the bulls on March 24 strongly so any further visits should be considered for SELLING.
At the end of the previous week, there has been an Intraday Demand level expressed at 1.3700 which paused the recent slide off 1.3965.
The Price level of 1.3820 corresponds to previous significant tops. Thus, fixating below it applies bearish pressure on the pair and vice is versa.