EURUSD Channel Down topped. Strong decline initiating.EURO VS US DOLLARTRADENATION:EURUSDTradingShotThe EURUSD pair has been trading within a Channel Down pattern since late April and following its June 24 Lower Low, the price has turned sideways. This consolidation resembles the late May one, which after also retracing to its 0.5 Fibonacci level, it initiated the new Bearish Leg that formed a Lower Low on the 1.382 Fibonacci extension. Based on that, we expect EURUSD to kick-start its next Bearish Leg, targeting 1.12200 (Fib 1.382 ext). --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇