Looking at the main points of interest in the weekly chart and tracing the main channels and parallel lines we can see a probable scenario developing.
Breaking above 1.297 or bellow 1.251 without further developments like a formal deal or new vote seems hard.
This trade is based on the weekly close bellow the channel parallel line around 1.293, risk reward is above 3 on this level.
Breaking above 1.297 or bellow 1.251 without further developments like a formal deal or new vote seems hard.
This trade is based on the weekly close bellow the channel parallel line around 1.293, risk reward is above 3 on this level.
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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.