#EURUSD: Trend is stil extremely bearish! +500 pips coming Euro vs. US DollarFX:EURUSDSetupsfx_🔺EURUSD has been in a strong bearish trend and the price has once again failed to break through a firmer bearish resistance zone. Given this, we could see the price drop to 1.11 or lower. This would be a 500+ pip move and it might take some time for the price to reach our target. 🔺An entry point could be the current price with a stop-loss above the recent high. The DXY is expected to be extremely bullish recently, which will directly impact the EURUSD pair. Good luck and remember to manage your risk accurately. Team Setupsfx_❤️