EURUSD: Re-accumulation of selling. Next wave targets 1.06500.Euro/US DollarFX:EURUSDInvestingScopeEURUSD has turned neutral on its 1D technical outlook (RSI = 49.152, MACD = -0.005, ADX = 44.296) as it recovered from March's Low. This hasn't altered the long term bearish trend on the 1W (RSI = 47.726, MACD = -0.001, ADX = 24.28) which has shifted after January's multi year top on the HL trendline and the 1M MA200. The 1M RSI formed a peak seqeunce like 2021 and 2018 and already crossed below its MA line. This early April rebound is an efficient opportunity for another sell. On an 11 year basis all bearish trends of EURUSD hit at least the S1 Zone, the top of which is our long term target (TP = 1.06500). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##