Even though the European currency weakened against the Yen on Tuesday, the nearest support still managed to limit the losses.
The three-month triangle proved its merit not only by limiting access to levels above 1339.61, but by causing a 1.1% dive right trough levels of significance to close at 1325.81.
The Greenback struggled on Tuesday, barely managing to post any gains against the Japanese Yen.
The GBP/USD pair surprised with its performance yesterday, having recovered from intraday lows and retaken the 1.30 level.
EUR/USD confirmed its change of track, opening bearish for the second consecutive session.
On Monday the New Zealand Dollar managed to add 22 pips against the US currency, with attempts to breach the nearest support and resistance both failing.
Even though the US Dollar outperformed its Canadian counterpart on Monday, more bullish momentum seems unlikely.
The Aussie behaved in accordance with expectations yesterday, having appreciated and put the down-trend to another test.
The EUR/JPY cross underwent a correction on Monday, failing to hold above the 113.00 level.
Following a non-volatile trading session on Monday, Gold managed to tap at the top trend-line of the three-month descending triangle at 1339.83.
Investors sold the American Dollar on Monday, due to uncertainty emitting from the US political debates that day.
EUR/USD took up where it left off on Tuesday, proving levels above 1.1253 out of reach with a red candle half the size of Monday's green one.
Monday ended with the Cable remaining relatively unchanged, amid a weaker US Dollar, mainly due to yesterday's US political debates.
USD/CHF has shown reduced volatility over the last few years, causing several tightening patterns to appear in the market. An ultimate low in 2011 served as a starting point for an ascending wedge formation, causing an almost 40% surge until this day, which also led to a break above the 13-year downtrend. Last year's movements have been unable to dip
The NZ Dollar lost just under 70 pips against the US Dollar on Friday, causing a breach of the four-month ascending channel's support line.
On Friday the US Dollar surged against its Canadian counterpart, after the Canadian CPI and Retail Sales data surprised with weaker figures.
As was anticipated, the AUD/USD currency pair preserved the three-year bearish trend by bouncing back from the trend-line on Friday.
Friday ended with the European single currency outperforming the Japanese Yen and the immediate resistance failing to hold the gains.
The yearly wedge proved its strength against the three-week channel XAU/USD had established on its way through the senior pattern.
The USD/JPY's performance brought no surprises at the end of the previous week, with the pair successfully retaking the 101.00 mark.
A break out of the two-month ascending channel has caused a retracement towards the broken trend-line, meaning that 1.1258 remains the ultimate target for the next few days.
The New Zealand Dollar is suffering major losses against the US Dollar on mid-Friday.
The US Dollar surged against the Canadian Dollar, as fundamental data released at 12:30 GMT on Friday from Canada disappointed.
The Australian Dollar edged up for the fourth consecutive day yesterday, putting the three-year down-trend to another test.