On EURUSD we have a descending channel on the daily time frame, as well as the hourly. Euro bulls have stalled a bit, and so we were able to draw a counter trend-line. We need a break of this CTL and a close below 1.10280 to confirm our possible shorts lower.
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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.