EU to go low as it breaks the trend line, but in the long term it will bounce back up once the uptrend is clearly established. For the moment it already has a higher low than the previous one, good indication of a trend reversal.
Note
We are gaining traction UP but we still expect a drop soon and then a strong rebound. Stay tuned.
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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.