EUR/USD trades 0.24% lower as the single currency struggles on Tuesday. The pair broke out of the triangle formation on Monday and the price has come back. EUR/USD 4-hour chart The EUR has underperformed today, especially against GBP as EUR/GBP trades at the bottom of the G6 leaderboard on Tuesday. Overnight the pair broke through 1.13 once again but as the session progressed the sellers entered the market and the price dipped back below. Looking at the 4-hour chart, the key feature is the triangle pattern marked out in black. The pair broke out of the pattern overnight but the bears have now sent the pair back lower to test the top of the structure. This is often the case when it comes to patterns and now it would be prudent to keep an eye on another move higher. The indicators are looking pretty mixed. The Relative Strength Index looks like it’s about to move through the 50 mid-point once again. The MACD histogram is still green but the bars are diminishing in size. The signal lines are still above the zero line but there is about to be a bearish crossover. The chart is still a bullish one but the consolidation high of 1.1348 needs to be broken if the bulls are to have any chance of testing the highs. Additional levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Cryptocurrencies Price Prediction: Bitcoin, Ripple & ChainLink – American Wrap 7 July FX Street 3 years EUR/USD trades 0.24% lower as the single currency struggles on Tuesday. The pair broke out of the triangle formation on Monday and the price has come back. EUR/USD 4-hour chart The EUR has underperformed today, especially against GBP as EUR/GBP trades at the bottom of the G6 leaderboard on Tuesday. Overnight the pair broke through 1.13 once again but as the session progressed the sellers entered the market and the price dipped back below. Looking at the 4-hour chart, the key feature is the triangle pattern marked out in black. The pair broke out of the pattern overnight but the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.