After breaking the ascending channel, the euro has entered the correction phase in the form of a descending channel and it can almost be said that it has lost its strong ascending guard. This will be a new move, most likely in the form of a trading range. A move from the top of the descending channel to the previous bottom is likely
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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.