Forex pair to watch: EURUSD

The currency pair retreat back to below 1.2180 after it failed to break above the Feb high of 1.2243. If the bearish momentum continues the next downside levels to watch 1.2140 and 1.2110.

Is it possible that EURUSD might fall back down because the chart shows more downfalls, and how will this affect the following month?

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The key levels to watch upside this week 1.2250 and 1.2280. On the downside 1.2160 and 1.2120.

thankx syamFX for the update