FX_IDC:EURUSD   EURO / US DOLLAR
EURUSD             on daily timeframe has broken down descending trendline from May 2014 top 1.3993 in projected area 1.1040. This level should be considered pivotal for EURUSD             on Monday: another close below it would confirm next bearish target 1.0815, while rebound above 1.1040 would support EUR.
snapshot
Green trendline from 20 July on 4-hour EURUSD             chart confirms described pivotal area 1.1040. FIrst EURUSD             support is 1.1015, static line from April 2015.
EURUSD             retracement above 1.1040 is possible with targets 1.1100, 1.1130 and 1.1160.
snapshot
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