H4 Chart
Below EMA 50
Below 1.30615 Murrey Math 6/8 Pivot Reverse
Trading in Lower Bollinger Band
Triangle has been broken and retested
Technical Direction: Bearish
Targets: 1.30000 1.29400 1.29200
Invalidation Level: H4 Closing Above 1.30650 MM 6/8 Pivot
Fundamentals Today: UK Services PMI will be released. A worse than expected PMI data would trigger the bearish move.