(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.
EURUSD
Comment:
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.