Whilst the downside move has paused and risks a bounce from the 1.544 lows, we suspect the cross is still within a bearish move having confirmed a bearish triangle on the weekly charts.
|Resistance 3:||1.6218||Gap high, monthly R1|
|Resistance 2:||1.6100||24/06 high, monthly pivot, 20 eMA|
|Resistance 1:||1.6106||Gap low,, pivotal S/R|
|Support 1:||1.5448||Brexit low|
|Support 2:||1.5170||Monthly S1|
|Support 3:||1.5000||Round Number|