We have a similar bearish viewpoint but using the 1.1284 level as a break-out point. If crossed we'll see 1.11765 if not it can bounce to 1.1510 as a Lower High on the 1W Channel Down and then touch 1.11765. In any case the long term trend remains bearish:
rajak1234
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Eurusd down
richard7_
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@rajak1234, Yes but I expect a rebound from this area. for the big picture the EUR will down until 1.12 aprx and after that I will looking for a good long. Meanwhile we need to take the waves. Good Luck