EURUSD:Classic Bullish Outlook/ Corrective Motion!

↪️EURUSD currency pair extended its drop, reaching a low of 1.0500. This was influenced by the negative market sentiment after it broke out of an upward channel pattern. Despite showing signs of strength last week, this week I anticipate further decline towards the support level of 1.0479 before a period of upward correction. However, if EURUSD surpasses the level of 1.0570 and begins to use it as a support, the pair could gain bullish momentum and aim for 1.0600...Trade safely 👍 ✅️