eur/usd daily**EUR/USD (Forex Market)**
**Market Cycles:** Breakout, Channel, Trading Range
After a downward movement, the market has moved within a channel and reached the MM target based on the gap. According to the available information, the market is expected to be in the trading range phase. This means that buyers are active at the bottom, and sellers are waiting for a setup to form. Based on the existing evidence, this will likely be a broad trading range. This implies that at the top of the trading range, we can enter a sell trade after a suitable bearish signal bar forms, and at the bottom, we can enter a buy trade after a bullish signal bar forms. (The top and bottom of the trading range are considered as zones rather than specific price levels.)