Pair’s bearish break below critical support at 1.11 handle (level acted as strong support since late August) suggests the spot could test 1.1040 (falling trend line support) and may actually breach the same for 1.10 handle.
Bearish invalidation is seen only if prices somehow recover above 1.11 handle by day end close.
Bearish invalidation is seen only if prices somehow recover above 1.11 handle by day end close.