EURUSD 20-year macro Channel targets parity 1.000EURO / U.S. DOLLARFX_IDC:EURUSDTradingShotThe EURUSD pair has been trading within a multi-decade Channel Down pattern for +20 years (since the November 2005 Low). At the start of this pattern, the 1M MA200 (orange trend-line) acted as a Support. After the price broke and closed a 1M candle below it in December 2014, it turned into a Resistance, which is holding until today. More precisely, it formed the Lower Highs of February 2018, January 2021 and the more recent January 2026, making rejections that initiated long-term Bearish Legs. Technically, the market should already be at the start of a new such Leg. Since the very start of this 20-year Channel Down, we have had six such Bearish Legs, the 'weakest' of which has been -19.48%, while the 'strongest' was -25.29%. All Bearish Legs however, hit an Internal Higher Lows trend-line and if the current one is no exception, then we can see the price hitting 1.0000 and the pair making parity. That would still be 'only' a -17.30% decline, the 'weakest' Bearish Leg of these past 20 years. Note also that if it breaks lower, then the next long-term Buy Signal will be given by the 1M RSI deep within its Support Zone. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇