EURUSD: Channel Up breakdown eyes the 4H MA200.

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EURUSD: Channel Up breakdown eyes the 4H MA200.EUR/USDOANDA:EURUSDInvestingScopeEURUSD is turning bearish on its 4H technical outlook (RSI = 45.442, MACD = 0.000, ADX = 22.644) as it crossed under not just its 4H MA50 but April's Channel Up as well. The next technical Target on this structural breakdown is the 4H MA200, which is expected to get hit on the 0.5 Fibonacci retracement as well (TP = 1.16300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##