EURUSD Will it finally break the 1W MA100 after more than 1year?EURO VS US DOLLARTRADENATION:EURUSDTradingShotThe EURUSD pair continues to trade within its 2026 Channel Down since the beginning of the year but in the past month following the June 24 Low, it has turned sideways. This consolidation is progressively coming under the heavy pressure of the 1D MA50 (blue trend-line), which is holding as Resistance since May 19. At the same time, the 1W MA100 (red trend-line) offer Support very close to the current price action. Technically we are ahead of a major break-out as, as long as the Channel Down holds, the price will look for the first break below its 1W MA100 since late March 2025. If that break takes place, expect the current Bearish Leg to complete at least a -2.56% decline, targeting the 0.618 Channel Fibonacci at 1.1200. --- ** 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