EURUSD FRIDAY DECLINE ON LONDON SESSION

EU price decline below the support as we can clearly see there is A broken bearish rising wedge right at the bottom and that indicates a continuation of the prevailing downtrend after the breakout the price continued few -pips low and then bounced back to retest, but when we look at the bigger picture the price is currently at the support zone which means if we take the shorts we should be trade only based on the bearish signal pattern and aware of the support level - 1.0626. If the price break this below and close there once again, the price will probably fall towards 1,0540 and the same it goes, when the price rise above 1,0678 more powerful bulls are expected but now lets just focus on our technical bearish signal pattern

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Declined as predicted