EURUSD broke below its 4H MA50. Strong Sell.EURO VS US DOLLARTRADENATION:EURUSDTradingShotThe EURUSD pair just broke below its 4H MA50 (blue trend-line) again just after getting rejected at the top (Lower Highs trend-line) of the short-term Channel Down on Friday. This break-out has technically confirmed the extension of the bearish trend, similar to February's break-out, which took place within an identical Channel Down. In fact the price actions among the two patterns are so similar that even their 4H RSI structures match. Following the initial -1.60% Bearish Leg on both, the 2nd one is targeting the 1.236 Fibonacci extension. Our short-term Target is just above it at 1.16350. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β 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. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π