Chart analysis EURUSD bearish bias for the week of 30 MarchEuro vs US DollarICMARKETS:EURUSDTranquilo1154The DXY had a solid bullish week, especially the last 3 days. The situation in the markets is currently extremely volatile and unpredictable but if the US$ continues to be strong, we will have a nice bearish trade. Daily chart Since late Jan, this pair has been mostly bearish, pullbacks have been rather shallow. The pair is bearish on the D1, H4 and H1 time frames. Price is now below the 50ema too and is currently trying to break below the 1.150 round number. H4 chart This shows the price action more clearly, note that the round number 1.150 coincides with a significant support/resistance zone. I have also drawn a trendline that price has been respecting. A break below the trendline and break + retest of the zone with price being below the 50 ema: all these will provide confluence to my bearish bias. Trade parameters The markets are currently unusually volatile, sudden unexpected spikes in either direction is common. Trading with smaller position size and giving extra space for stops is recommended. Entry should be based on the confluence factors I have described above. Stop can be located above the nearest swing high. Target(s) depend on the trading style, but 1.130 and 1.120 seem logical. General comments Nothing in trading is ever 100%, so allowing price action to fully develop in your desired direction is necessary. This is not a trade recommendation.