Descending Triangle within Downward Channel
Updated
Triangle support at current levels....will be rangy btwn 1.11+ to 1.0426 within triangle. A breakout suggests more pain for EUR in long term.
Note
...and rangy....high 1.0452, low 1.0352 :)Note
high of 1.0654 :)Note
My Target-2 has been achieved (towards 1.07).Range still holds in this monthly chart….with support at 1.0353 and resistance at 1.079/1.1050
Note
Remains Intact (and in weekly too) ...... :)
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.