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EUR/USD limits corrections, lower lows ahead

Friday, March 6, 2015 9:27 AM UTC

Recoveries for pair are limited
Lower stop on short to above 1.1115 high
1.0762 monthly low from Sept 2003 next downside target. 1.0988 Thurs base
Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic
Prices closed the month under the 61.8% of this move at 1.1212

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EUR/USD limits corrections, lower lows ahead

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