The eur/usd pair is little changed this Friday, but below the 1.1600 level. Late Thursday, it broke below a daily ascendant trend line coming from the yearly low at 1.1507, completing a pullback to it on early Friday's turmoil, but still below the level, and close to its yearly low. In the weekly chart, the negative bias is still clear, as the 20 SMA continue gaining downward traction far above the current level, and, despite the Momentum, the indicator remains directionless, the RSI also turned south, currently at 37.In the daily chart, and after almost three weeks hovering around it, the pair finally accelerated lower below its 20 DMA, while the 100 DMA maintains a strong bearish slope, now at around 1.1820. Technical indicators in this last chart are flat in negative levels, after a failed attempt earlier this week to re-enter positive ground.
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