Euro Crashed Against The Dollar, Continuing its Bearish trend?

Hello Fellow Global Forex Investor/Trader, Here's a Technical outlook on EURUSD!

Technical Analysis
EUR/USD is clearly moving in a bearish continuation trend. The price also created a breakout on a rising wedge pattern, indicating a potential bearish bias ahead. The MACD indicator starts creating a death cross, confirming the possible downward movement ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/ resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the EURUSD"

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