EURUSD is trading between the MA50 and MA200 on the (30m) time frame. The same consolidation was in the middle of the September 28th bullish wave. We may have a potential Channel Down emerging.
Trading Plan: 1. Buy on the current market price.
Targets: 1. 1.05775 (+1.24% as the previous bullish wave).
Tips: 1. The RSI (30m) is also consolidating on the same levels as the Sep 28th bullish leg.