EURUSD chart analysis in daily frame

Analyzing this chart, after forming the Head and Shoulders pattern, we can see the descending channel confirmation. However, the correction slope of the channel is decreasing.Due to wedge Bearish pattern in the last Upward wave it could fall to 1.08916 units.Then we will see mid-term support at 1.15520 and 1.18571 units. This process can take up to 8 months.00989133089221 Telegram