Just an idea and trade at your own risk.
EURUSD remains bearish on the monthly timeframe with possible next target to the monthly lower downtrend channel at area 0.90.
EURUSD on the daily timeframe reached the lower downtrend channel (white lines) at parity.
Correction may be under way to the previous broken support and demand zone area (currently resistance and supply zone) at 1.0360-1.0400.
EURUSD remains bearish on the monthly timeframe with possible next target to the monthly lower downtrend channel at area 0.90.
EURUSD on the daily timeframe reached the lower downtrend channel (white lines) at parity.
Correction may be under way to the previous broken support and demand zone area (currently resistance and supply zone) at 1.0360-1.0400.
