Support 86.95/90 breakout determined the realization of the previous assumptions – minimums 86.60 and 86.30 have been tested. The price is currently making attempts to break support at 86.30 and continue a downward movement. Indicators keep the “bearish” trend, which makes a breakout a possibility. If the breakout takes place, levels 85.90/80 will be tested.

Analysis prepared by:

Arkady Nagiev
Forex4you analyst