Break and retest of long term trend line leading towards bearish breakdown. Price broke and retested the weekly 49 EMA forming an intermediary down trend line, connecting Dec 2016 peak and running through Oct 2016 trough intersecting the long term rising trend line. Failure to hold and continue beyond that point caused a lower peak formation and breakdown continuation pattern to present price. Not helping this trend are other USD cross pairs experiencing similar deterioration price trends, namely USDJPY, which coincidentally, it too has broken down. Compounding matters is that price action is now lower than than previous lows set in Sept 2017 and set-up for a down leg challenging Jan 2015 lows of $0.85. A movement into this area could be caused by a severe liquidity crunch among financial class assets following government intervention to add liquidity by more printing.