The EURUSD pair declined strongly to touch our suggested negative target for the break at 1.2064, and rebounds bullishly to approach the broken support of the bullish channel, and we need to monitor the upcoming trades to get clearer signal for the upcoming trend, noting that breaking 1.2064 will press on the price to suffer more losses that reach 1.1976, while breaching 1.2173 will push the price to resume the main bullish trend again.