EURUSD to 0.86
(Not trading advice, for analysis purposes only)
This long term channel has been respected (with the exception of the false breakout of this year), and if it continues this will take EURUSD to 0.86 faster than expected. The movements once this channel has been touched have been of -23% for the Euro on average.
EURUSD
This long term channel has been respected (with the exception of the false breakout of this year), and if it continues this will take EURUSD to 0.86 faster than expected. The movements once this channel has been touched have been of -23% for the Euro on average.
EURUSDNote
Perfectly bounced at 1.10 in July'23 absolutely respecting the long term trend. Now it seems to head to 0.96 before taking a breath.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.