Renko outlook

Renko filters all the noise out.
Current daily, weekly and monthly renko bricks are ALL red.
Add to that, this year, EURUSD missed its yearly pivot (1.17386) and didnt even retest it (heavy bearish market, missed pivots mark the beginning of trends).
Long term, EURUSD is likely to drop to the next Renko weekly swing low, which corresponds to yearly MS2.