Downtrend to continue till my target at 1.116x

Hi Folks:

Here's an updated view on this pair for your consideration.

We are not far from my target area (black circle) and we are currently trading insider a couple of descending channels. Previous attempt bounce quite sharply from the support trendline but finally broken out and resumed the downtrend.

Let's hit the target and see what happens once there.

Cheers.

EURUSD

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