EUR/USD's bear cycle from the March 31 1.1185 high continues

The downside bias is intact as 14-day momentum is negative = bearish

Expectation is for an eventual retest of the 2017 1.0340 low

Below which would accelerate losses further under 1.0300 psychological level

We have placed a sell order at 1.0440, well ahead of tenkan line at 1.0498

EUR/USD Trader TGM2334. Previous nL2N2X40IW