EURUSD - Technical Analysis: Monday, 06/04/2015 19:36 GMT

The EURUSD pair retested the previously broken rising wedge’s support line and rebounds bearishly from there, to keep the overall bearish trend valid.

Stochastic and MACD are negative now, and we are waiting this negativity to assist to surpass the support barrier that the exponential moving averages 50 and 100 forms now, to reinforce the bearish outlook.