EURUSD is in a descending channel.

By following the news, we saw further more bearish move.

Also after each RANGE, we have seen further decline in Euro.

According to the upcoming support level (1.0000), it is expected:
If the price support above this support level with powerful volume, we will see more bullish in the Euro, otherwise the price will fall until the support of the downward trend line.


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Chart PatternsSupport and ResistanceTrend Analysis

Feragatname