EURUSD: Sitting on Backside of Channel but,,,,
Updated
Looking at other types of analysis, EURUSD needs to penetrate 1.1240 to further confirm a breakdown and change of trend on a higher time frame. If this occurs, then I believe a move to 1.09 or 1.08 is what the market will go for.
Note
Trade closed manually
Take profit in EURUSD : +150 - 200 pip profit. 
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