EURUSD: This 4H Bearish Cross can pull it down to 1.12500.EURO / U.S. DOLLARFX_IDC:EURUSDInvestingScopeEURUSD is marginally bearish on its 1D technical outlook (RSI = 41.328, MACD = -0.004, ADX = 33.233) having just formed a 4H MA50-100 Bearish Cross. Inside its 3 month Channel Down, last time that happened, it kickstarted the new bearish wave. The 1.5 Fibonacci extension has been the LL target on two of those, so expect to seek that 1.5 Fib again (TP = 1.12500) if not lower. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##