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EUR/USD - closing below 200-DMA would expose Brexit low

FX:EURUSD   Euro Fx/U.S. Dollar
Euro's retreat from Thursday's high of 1.1165 if followed by a day end closing below 200-DMA level today would suggest the bullish break above 200-DMA on thursday was fake and open doors for a drop to Brexit low of 1.0911.

On the way lower a smaller rising trend line could offer support around 1.1040-1.1060, but reckon it could be taken out following a failure to sustain above 200-DMA.

Only a day end closing above 200-DM would keep hopes of a bullish break above 1.12 handle alive.
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