0 
0 EUR/USD 1.1879 -0.3% GOING TOWARD THE 200 DAYS M.A. EUR/USD 1.1828, COUDL BE THE TREND REVERSAL AREA IN THE EXCHANGE RATE BETWEEN THE EURO AND THE USDOLLAR. THE RSI OSCILLATOR 31.76 WOULD BE GOING BRIEFLY INTO OVERSOLD CONDITIONS. EUR/USD TECHNICALS CAN BE SEEN AS CLEARLY BEARISH, GIVEN THAT EUR/USD EXCHANGE RATE TRENDLINE HAS BROKEN SUPPORT GOING BELOW THE IKH SENKOU A/B NUAGE, SIGNAL OF A CONSOLIDATED DOWNSIDE RETRACEMENT.
THE TREND REVERSAL AREA OF EUR/USD 1.1828 HAS A POTENTIAL OF BRINGING THE EXCHANGE RATE TO EUR/USD 1.20, BELOW THE IKH SENKOU A/B NUAGE.
