Strong Divergence on the daily

EURO or EUROZONE strength makes absolutely no sense fundamentally. They eeked out the 2008 recession now they are losing UK. Coronavirus is shutting everything down, I see more countries leaving EU after UK is successful. The need for the Euro is gone. Anyway technically there is strong divergence on the daily, also the pair is trading within a widening down channel. We are currently bouncing off of the top of that channel.