Euro / U.S. Dollar

EUR/USD - Prepares for a break below 1.10

162
Bearish patterns

  • Rising trend line breached

  • Bearish symmetrical triangle breakout

  • and a potential head and shoulder formation with neckline at 1.0930


Spot appears on track to break 1.10 and test area around 1.0930-1.0911 (post Brexit low).

Bearish invalidation is seen above 200-DMA


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