Euro / U.S. DollarShort
Euro falls as Trump's chances of victory increase
Looking at the trend in the 1-hour time frame, EUR/USD has broken the support area of the first ascending channel to the bottom and now it is below the moving averages of the ALIIGATOR indicator, there is a possibility of further price declines.
In general, the scenario is reinforced that EUR/USD can decline to the support of the bottom of the second ascending channel in the range of $1.0799, provided that the resistance range of 1.0864-1.0859 is maintained.
In general, the scenario is reinforced that EUR/USD can decline to the support of the bottom of the second ascending channel in the range of $1.0799, provided that the resistance range of 1.0864-1.0859 is maintained.
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