DeGRAM | EURUSD bearish sentiment - target 1.142

The situation with the Eurodollar is interesting.
In fact, it worked out our interests last week - it grew to the level of 1.17.
By the end of the week, amid the release of economic news, the price forms a bearish engulfing for us, absorbs two weeks of trading and closes below the level - the border of the 1.1626 range.
A downward-directed global price channel has formed; attempts to break the trend have been unsuccessful.
Now the currency pair is at the pre-level level of 1.1589, and is in a short zone, the potential for a fall is 1.4% of the price of the currency pair.
I'm waiting for a rollback to the level. 1.1589, consolidation below it and continued price decline to a strong support level of 1.142

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