Trend reversal on the cards here as price has made a sharp rejection to the weekly trendline, now at the bottom of the daily channel. A breakout of support structure along with the channel will confirm dollar weakness ahead for the upcoming weeks or even months..
A selloff in the dollar will cause euro to boost as they are both inversely correlated.
A selloff in the dollar will cause euro to boost as they are both inversely correlated.
Yorum:
Yorum:
Weekly: Bearish rejection off the weekly trendline
Yorum: