mlawson71 wrote: Fri Aug 16, 2019 12:29 am It's clearly very bearish after over a week of consolidation. Let's see whether it will drop below 1.1000 too.

• EUR/USD remains entrenched into the negative territory and it has now breached the key support at 1.11 the figure.
• In doing so, the pair has now exposed a potential move to the area of 2019 lows in the 1.1030/20 band.
• Further down, the next relevant contention is expected to emerge at May 2017 low at 1.0839.