On Thursday, the EURUSD rate broke down an important level of 1.0925 and consolidated below.
Technically, this is a strong signal for the beginning of a downward trend.
There was no strong impulse from the foundation — perhaps Trump's tough rally against China gave a signal to the markets that one should not expect positive on the Trump-China agreement. In Britain, things are still moving towards leaving the EU without an agreement. Today at 13:30 London time, there will be a report on inflation in the United States.
EURUSD: Hold sales from 1.0990.
We sell from 1.0925.
