Weekly Trend bearish with the breakout of the 3-day lows on Monday and expectation that price is moving down towards Tuesday's lows.Tuesday's lows are valid support 1.9440 , along with an R110 spiral bottom @ 1.9445
I can't see a major turned around on Tuesday, best expectation would be a 43 pip rise as partial exit, and then hopefully a 110 pip high (swing back to the 5-day 50%) , but the overall trend is weak and any upside swing the 5-day 50% level should be use as a trend 'sell' resistance.......
With a breakout of the Weekly .618 range 1.9437 viewed as price moving down towards February lows....
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