EURUSD completed triangle, could drop to 1.10

This pair couldn't advance significantly amid poor NFP data.
The sideways moves 3-3-3-3-3 shaped the famous Triangle pattern.
Last wave up completed this pattern last Friday.
Now the pair could resume down move to hit the trend line ($1.10) that was built through recent troughs.

Kommentera:

Wave E overshoot the trendline
Possible ending diagonal is shaping