🇪🇺 EURUSD 🇺🇸 - Fully prepared for a support breakthrough

EURUSD is consolidating before jumping down. The currency pair is experiencing weakness amid a fundamentally strong dollar, which spent all of last week under the influence of bullish news. The outlook is generally clear. Technically, a pattern is forming on the chart, which may break the support and change the trend.

Reasons for further decline:

1) Consolidation at support. No rebound or upside
2) Fundamentally strong dollar
3) Euro is weakening against the dollar
4) Structure breakdown and consolidation before breakout
5) Market does not let the price above PDH

Trade active:

Support breakout

Trade active:

retest 1.083

Trade closed: target reached