DeGRAM | EURUSD reached the lower boundary of the channelEuro/US DollarFX:EURUSDDeGRAM📊 Technical Analysis ● Price sliced through the channel mid-support and the inner trend-fan, closing below 1.1573; the break was retested (grey circle) and rejected, confirming a bear continuation from the sequence of lower-highs. ● The move unlocks the descending channel’s lower rail near 1.1450, while interim demand sits at the May pivot / 0.618 swing 1.1520. 💡 Fundamental Analysis ● EZ data underwhelmed (German Ifo, EZ consumer-confidence) just as Fed officials warned rates may stay “restrictive for longer,” widening the short-rate gap and refreshing USD bids. ✨ Summary Short 1.1590-1.1615; hold below 1.1573 targets 1.1520 ➜ 1.1450. Bias void on an H1 close above 1.1660. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!