EUR/USD… And we are heading towards 1-hour 200-MA

Hourly chart

EURUSD H1 (07-20-2017 1740).png

A nice falling trend line has been established following the ECB’s dovish rant. The spot looks set to test 1-hr 200-MA – 1.1461. That would push the RSI into the oversold territory, so further losses are to be viewed with caution…