Price is trading in the red on the Daily chart, but shows some exhaustion signs after the failure to approach and reach the 0.7732 Friday’s low. Price is pressuring the 0.7755 horizontal support, another false breakout will announce a minor increase towards the median line (ml) of the descending pitchfork. The next major downside target will be at the first warning line (WL1) of the ascending pitchfork, will reach it only if the USDX will climb again above the 93.81 static resistance.
