• The US Dollar erased all of the gains it made from May 22 till Oct 22 • 20 Moving Average acting as a resistance, the index is unable to break it • Possible descending triangle, a bearish continuation pattern • 100.80 support has been tested multiple times, increasing the odds of the bears breaking it and selling pressure dominating • Were the bears able to break the above level, next support is the 100 psychological level followed by 99.34 and 97.70 • A break of the triangle exposes the index for a 2% move lower, taking the EUR/USD pair to 1.12-1.13 level