Despite the Bullish run (Corrective move) from late July 2020; The anticipation of negative numbers and economical dent from Unemployment rate and Net Change in employment was not a convincing yard for a continuing rally. Price broke out of my Key level in the beginning of the week only to Break down and close below this level in the latter part of the week...
Pattern: Channel Down on 1D. Signal: Bearish as the price made a Lower High. Target: 0.73850 (symmetrical support).
Pattern: Bearish Megaphone on 1W. Signal: Bearish as the price was rejected on the Lower High Zone. Target: 0.73850 (primary) and 0.73000 (extension).