EuroDollar is in a global downtrend, the first stop was at 1.0854 and a small pullback has formed, showing an alleged change in trend. When enough positions were accumulated by a major player, the ascending local channel was broken.
The pressure tool goes down and does not update the local vertices. Next stop 1
.082 and on the near retest the price breaks the level and fixes below it.
I expect the fall to continue after the price fixes below the level. I think that the price can test the support of 1.0655
Sincerely, R. Linda!