EUR/USD Dump???
We may be witnessing the final stages of a long-term rising wedge in this overall higher time frame downtrend. This could lead to a capitulation of the pair, resulting in a strong downside move. Let’s see how the market reacts. As always, remember to manage risk and protect your capital.
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1.045 will be a key level for the EURUSD today. If with some momentum from today's news price breaks below then I think we could see the pair continue to drop towards 1.04 and below to 1.03 over the next week or two. As is the case now this heavily depends on anything Trump may throw into the mix.Note
Straight through 1.045, now lets see how the market approached 1.04.Note
Will the dump continue. Lets see how market news moves this pair throughout the day. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.