The main picture remains the same: a triangle figure, which may be doing its signal before an upcoming slide, unless the critical 1.11955 resistance is breached and the parity rallies across 1.12375, the invalidation level of the figure.
The primary objective will be 1.13171, should the figure be cancelled, and 1.0994 should the correction turns to be a validation signal of the triangle.
The EurUsd's daily is around 1.11553, below its current opening price, suggesting the trend to be . The daily support levels are around 1.11370, and 1.11036. The daily resistances are around 1.11887 and 1.1207.
Cutting through 1.11218 will invalidate the for today, driving the parity towards 1.1103, triggering the triangle's objective of 1.0994. Breaching 1.1177 will keep the figure on stand by, and will have 1.207 as a primary objective.
Moreover, the fast is about to cut through the slower one giving more signals about a possible downward trend, or at least a tougher .
Yesterday's US Labor day reduced the markets and lowered . Both should increase today.