EUR/USD remains in a downtrend channel on the weekly timeframe and is currently in a correction/ rejection phase before the next big down movement to the lower channel below parity levels after a weekly close confirmation below a major support area at 1.05.
Trade active
1.05 was broken and still on target
Disclaimer
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.
Disclaimer
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.