EURUSD has been falling down as fast as it was going up. Currently it's sitting at an inflection point: if it continues lower, it will probably break through the 1.1 level and test the lower border of the channel. However the support coming from two intersecting trendlines, after some vacillations, may give it at least a temporary stop, allowing for some correction to the upside.
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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.