Rayyan_2805

Possible Overall Turn Around for EURUSD

FX:EURUSD   Euro / U.S. Dollar
Possible change in overall trend for EURUSD. This pair has been moving in a solid downtrend for a good few months now and I believe we have now started the first ascent within a big uptrend. Price is currently acting within a parallel trend line channel and has recently crossed both the 200 and 50 EMA indicating that there could be a long bias incoming. I have marked out where the price will be heading in the next week or so, indicated by the green arrows, and price should follow this route fairly accurately. EURUSD

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