EURUSD - Technical Analysis: Thursday, 05/03/2015 06:20 GMT

The recently recorded bottom 1.1096 was broken and the price settled below it, approaching from the psychological barrier 1.1000, while breaking this level will confirm the extension of the bearish wave towards our main waited target at 1.0835.

The exponential moving averages 50 and 100 continue to push the price for more decline.