vf_investment

EURUSD is in the Falling Wedge

Short
OANDA:EURUSD   Euro / U.S. Dollar
The price is in the falling wedge. Euro is losing its value against the US Dollar. DMI shows us that the price will continue to fall. ADX points out that the trend will not change. We are expecting that the Euro's value against the US Dollar will continue swinging in the downtrend for a few more weeks but after that we are expecting the price breakout to the upside from the falling wedge.

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