EDO/USD slipped lower in the last hours and could approach the 1.1120 former low. The drop was expected after the failure to stay and stabilize above the lower median line (LML) of the ascending pitchfork. The breakdown below the outside sliding line (SL1) has signaled a significant drop. Price is located below the 150% and it could still drop after a minor rebound. It could reach the first warning line (WL1) even if it will climb above the 150% line.