EURUSD closed below its 1W MA50 and the Bear Cycle begins.

Wait 5 sec.

EURUSD closed below its 1W MA50 and the Bear Cycle begins.EURO VS US DOLLARTRADENATION:EURUSDTradingShotThe EURUSD pair closed last week below its 1W MA50 (blue trend-line) for the first time since February 24 2025, which was near the 3-year Low. This closing signals the technical confirmation of the new Bear Cycle, resembling the post June 21 2021 price action, which was when the pair closed below its 1W MA50 and stayed there for 1.5 year. The price structures that led to both Cycle Tops in 2021 and 2026 are identical and so are their respective 1W MACD patterns (where we currently are after the cross squeeze). As a result, the immediate medium-term Target of the pair is the 1W MA100 (green trend-line), which we expect to get hit around 1.12850. The secondary Target is the 1.5 Fibonacci extension at 1.10500. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡