InvestingScope

1D Support broken. Channel Down emerged towards 1.1300.

Short
FX:EURUSD   Euro / U.S. Dollar
The 1.1510 1D support was crossed and the previous 1.1510 - 1.1850 neckline of the Inverse Head and Shoulders broke to the downside. An aggressive 1D Channel Down has emerged (STOCHRSI = 14.924, STOCH = 5.811, Williams = -94.398) which is aiming at the 1W support = 1.1300. Our TP remains 1.1450 and the upside is limited to 1.1590.

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