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EUR/USD Technical analysis

Short
Euro / U.S. Dollar (FX:EURUSD)  
traderpulse  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns priceaction Descending Channel
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trendanalysis harmonicpatterns priceaction descendingchannel
The EUR/USD pair is currently in a down channel formation in the 4h chart.
A mini bearish trendline is formed within the channel which only adds strength to the bearish momentum.
Hence we expect the pair to move swiftly towards its support levels placed at 1.12991.
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