EURUSD Mar 24 to Mar 28 Outlook

Recap
The other easy play last week. Euro could not push higher 1st half of the week. Once week low at the time was broken, euro dropped down to the pocket below Y-1 and then continue its selloff down to Y-2. Closed the week below Y-1 and midpoint.

Outlook
The bearish setup mentioned last week is now in place. As long as B-0 / Y-1 acting as resistace, we are looking for a significant drop from here.