EURUSD: Perfect spot to short.EURO / U.S. DOLLARFX_IDC:EURUSDInvestingScopeEURUSD is bullish on its 1D technical outlook (RSI = 62.082, MACD = 0.004, ADX = 31.112) as it is trading inside a Channel Up since the May 12th low. The 4H RSI sequence suggests that based on the Channel's first bullish wave, the market is now on the 4th count, which was previously the top (as close to the 1.786 Fibonacci extension as possible). We turn bearish here, targeting the 0.786 Fib level at the bottom of the Channel Up (TP = 1.13550). 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. ##