Despite pair’s recovery from the low of 1.0964, the subsequent failure in the Asian session to hold above the falling trend line resistance suggests a break below Asian session low of 1.0995 would open doors for a cut through 1.0964 and drop towards 1.0911 (Brexit day low).
On the higher side, only a daily close above 1.1058 would suggest bearish invalidation.
On the higher side, only a daily close above 1.1058 would suggest bearish invalidation.
