EUR/USD - Prepares for a break below 1.10
Opis
⋅ 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