EURUSD Downward Channel continues target 0.8541Downward channel range continues on the Monthly Chart.
There are more signs for downside to come.
We can expect the price to blip up touch the resistance and then crash back down.
Price<200
RSI = 50
Target 0.8541
SMC
Sell Side LIquidity is where Smart Money bought up the price to the upper range.
We then have to wait for Break Of Structure to the downside.
Then we'll have a better entry point for downside.
EUR/USD Is one of the more difficult pairs to trade. There is a constant fight between the buyers and sellers and hence I have looked on a broader aspect time frame to try and cut out the noise and volatility.
Bearish Bias.
