EURUSD: Sell opportunity on 4H.

EURUSD is trading on a medium-term Channel Down on the 4H chart (RSI = 46.504, MACD = 0.000, ADX = 23.436). After making a new Lower High (red arrow), it broke the dashed Higher Low trend-line confirming the tendency to make a new Lower Low. Be mindful though for a reversal on the 4H MA200. If it doesn't happen, we expect a Lower Low near 1.11000.




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