Gold did break our important multi-pivot support at 1.105 and reached first downward target at $1.1055 and it is approaching our second and third target at 1.1032 and 1.1015..
Stochastic oscillator is fresh new down cross, which is good sign that sellers are in control and that selling on the rally is preferable strategy for today.
The cause of the downside move on the EUR may be th weak data from Morning news.
Support levels are seen at the price of 1.1032 and 1.1015. Resistance level is set at 1.1050.
