Pattern: Multi year bearish channel with Lower Highs and Lower Lows since 2010. The sequence is similar to the 1989 - 2001 period.
Signal: Bearish on the next contact with the 0.382 Fibonacci level.
Target: 0.5000 (just above the 0.47500 Support and the -0.236 Fibonacci)
Signal: Bearish on the next contact with the 0.382 Fibonacci level.
Target: 0.5000 (just above the 0.47500 Support and the -0.236 Fibonacci)
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