Tomguim

EURUSD Regression Trends

Long
FX:EURUSD   Euro / U.S. Dollar
5
We are seeing a lot of regression trends inside one another. The most short term trend has continuously been slanting indicating a descending channel and a burst upward to test the next resistance. This will continue happening until a 3 step reversal or the mini mid and large trends no longer differ by large degrees.

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.