EUR/USD: New Week, New Worries, And Also Old Ones, Fresh Lows Eyed
March 29, 2021 at 04:39 AM EDT
Euro/dollar is trending lower, with minor bounces after hitting new lows. Momentum on the four-hour chart is to the downside the Relative Strength Index is above 30 – outside oversold conditions. All in all, bears are in the lead.