On Monday, September 23, the euro gave a signal to move down, breaking through the daily level of 1.0990.

The reason is the negative data on the German economy – the PMI index came out at a very low level.

Still, for a downward trend, you need to break down the mark of 1.0925 and consolidate below.

We are waiting for development down.

We sell from 1.0990 and below 1.0925.

In the case of a full turn up, we buy at a breakthrough of 1.1077 up.