The EUR/USD currency pair has been trading in a long-term descending channel pattern.
Currently, the pair is located near a significant resistance level at 1.1114.
If this resistance line holds, a possible 300 pips decline could occur during the following trading sessions.
Currently, the pair is located near a significant resistance level at 1.1114.
If this resistance line holds, a possible 300 pips decline could occur during the following trading sessions.
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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.
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.