Expect drop on EURUSD

Expect EURUSD to be bearish from here.

Broke out of ascending channel 2 weeks ago. No forming a new descending channel.
Reaching top of new channel and a strong (recent) support area.

RSI and MACD are bearish (RSI respecting down trend line), so expect a drop from here. Potentially to the 1.16 area but can go down more eventually to 1.14.

Let's see!!

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