EU Trendline Break + Descending Triangle

8 apr 2020

EU just broke the upward trendline. The 20 SMA is now serving as resistance. Might be a little hassle but I think we should see a move down to 1.0825 at least. Could get another test of the low at 1.0775, or even lower. FYI: It hasnt been good for EU when price goes below the 20 sma on larger timeframes. (I use the 1hr) I like seeing comments of any feedback!