EUR/USD is not able to close above a trend line coming down from multi year low at 1.0520$ shown below .. ALSO , the stochastic oscillator indicator is giving a bearish signal as it had made a negative convergence which happens when the pair makes a higher high while the indicator makes a lower high... Pulling back from 1.1360 $ would be a sign of further weakness to come , I would put my first target at 1.1220 , then 1.1060 before we see a break of the support trend line coming from 1.0520$ A break below this line would bring 1.0780$ to your screens again For updates on that trade and new trade ideas , follow me on twitter : @boriology Happy profitable trading for you all.