EUR/USD Technical Analysis: Rising odds for a test of 1.1176, 2019 lows

• Monday’s bull run to the 1.1250 region lacked of follow through, later forcing EUR/USD to recede to levels further south of 1.1200 the figure.
• The pair remains under pressure and odds for a test of the yearly lows in the 1.1180/70 band have increased in past hours.
• There is no change in the pair’s near/medium term outlook, which remains bearish while below the key 6-month resistance line, today at 1.1392.

EUR/USD daily chart