Channel Down intact. Steady decline to wards the target. Short.

XEMUSD is on a very stable decline on the 4H Channel Down with 1D (RSI = 38.196) calling for a new Lower Low at 0.0716. 1W is still applying significant selling pressure (MACD = -0.080, Highs/Lows = -0.0359, B/BP = -0.1047) and we remain dedicated to our ultimate TP = 0.060.