Euro USD- Fibonacci study

The euro is in a downtrend compared to the dollar for the last six months or so. The next levels to look at assuming the trend continues are 1.081 and 1.034 representing a 7% drop from current levels. The macd also recently gave a signal. In forex I like to bet on trend continuation so I think it's likely we see those levels soon.
Chart PatternsTechnical IndicatorsTrend Analysis

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