- The EUR/USD is trying to get a downside breakout below the July 28th low. Next, the bears want a test of the July 6th low.
- While the channel down is tight, it looks like a bear leg in what will become a trading range. The bears will probably be disappointed soon, and the market will bounce.
- Overall, the market will probably begin to go sideways soon and attempt to rally for a couple of weeks.
EUR/USD Set for a Downside Breakout?
