Long term bearish channel in the weekly chart but still some space for the Euro to the upside.
Comments
LEONES
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Or better, the first channel has morphed into HS formation. The bigger channel is still valid. We could see Euro / British Pound at 0.80-0.79 quite soon.
LEONES
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Channel here is out of question now - Euro weakening and Pound getting stronger. We could see 0.8 soon
LEONES
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First channel broken to the downside - strength in the pound