FX.co ★ Technical analysis and trading recommendations for the EUR / USD currency pair as of May 18, 2018

In the previous review, we discussed that the "bearish" interest is preserved and the quotation managed to overcome the local minimum from May 9 (1.1821), then after it, working out, according to the principle, the breakout breakdown. Now, we see how it gradually falls below our previously formed breakdown of 1.1762, while maintaining a "bearish" interest. It is possible to assume that the quotation will continue to show a downward mood, where the "last" hope of buyers remains the range level of 1.1700 / 1.1650.