EURUSD is bearish on the weekly timeframe and in a downtrend channel.
The next target is 1.05 and with a break of 1.05 would lead to parity and below parity to the lower channel of the downtrend at major demand (support zone) at level 0.85.
The next target is 1.05 and with a break of 1.05 would lead to parity and below parity to the lower channel of the downtrend at major demand (support zone) at level 0.85.
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Related publications
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.