EUR/USD - Downward Channel (although potentially breaking)

Short

Euro / U.S. Dollar (OANDA:EURUSD)

Updated

OANDA:EURUSD Euro / U.S. Dollar

Trend Lines

trendline

The Euro has been heading Short for awhile now. I'm establishing a Short position, but with a fairly close Stop.

Comment:

It broke the top part of the channel, but I'm still Short.

Trade closed: stop reached:

Clearly broke the channel and may potentially be moving Long.

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