EURUSD long term bearish phase

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EURUSD long term bearish phaseEuro/US DollarFX:EURUSDstanchiamWeekly chart is showing a clear AMD, that is, accumulation, manipulation and currently in distribution phase. A close below 1.139 will accelerate the move toward 1.0x and weekly FVG region. As this is coincide with the Iran war, the probability increases as flight to safety and the risk of higher inflation with higher oil and gas price increase the probability of FED holding rates, supportive of the dollar. Unless there is a sudden end of war, which look bleak as Iran stance is hard, and they are in revenge mode to drag this as long as possible to inflict maximum pain to USA and it's allies. To make sure they will remember the pain and not to touch Iran again in the future.