nikitafx

EUR/USD Descending Channel Edging Phase (Nikita FX )

Short
FX:EURUSD   Euro / U.S. Dollar
1
EUR/USD's Long-term Support line: F was breached again, so it is now on its Channel Edging
Phase (C line is Channel parallel bottom line).
Target of breakdown thru Green bearish Flag & breakdown thru E supportive line is almost the
same level (1.0063 & 1.0060 ). I would say overthrowing into below Parity will be able to be accomplished,
however C & G (Wolfe descending supportive line) will be supportive strongly.
Possibility of breaching Parity will be able to be done in the end of 2015.

Nikita FX (climbingfx.jugem.jp/ )
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.