Spot Price: 2.0305
Technical Analysis:
A bearish outside day is now in the works following last weeks consolidation and it now appears that the pair is setting up for a drop back through 2.0185, to open a fresh downside extension towards the 2.0000 handle. As such, a lower top is now sought by today"s highs and we expect to see additional setbacks in the coming week. Bearish descending triangle seen on hourly