Euro / U.S. DollarShort
EUR/USD Downswing imminent
The red lines indicate the Support and Resistance lines of a long-term Down Trend. The orange-shaded area shows that Down-Channel. The graph has broken out of the long-term Down Trend, and enters into an Up Trend. However, it is at present at about the top of the new Up-Channel, so a Down-Swing is imminent.
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