EURUSD is still in the downtrend channel on the daily timeframe.
Currently possibly forming a bearish flag with retest of the upper downtrend channel and the previous demand zone (Currently the resistance area) at 1.0150.
Rejection of such area and break of the bearish flag lower channel will lead to next fall to new lows and the lower downtrend channel around 0.95.
Currently possibly forming a bearish flag with retest of the upper downtrend channel and the previous demand zone (Currently the resistance area) at 1.0150.
Rejection of such area and break of the bearish flag lower channel will lead to next fall to new lows and the lower downtrend channel around 0.95.
