Pattern: Channel Down on 1D.

Signal: Bearish as the price entered the Sell Zone (red rectangle) of the pattern and is still below the 1D MA200 (hasn't been crossed since March 30). Also the RSI is on its 2 month Resistance.

Target: 1.08200 short-term (the Higher Low blue dotted trend-line) and 1.07000 medium-term (top of the Buy Zone of the pattern).


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Most recent EURUSD signal:

EURUSD Buy & Sell pattern
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