SamKent
Short

EUR/USD LONG-TERM DESCENDING TRIANGLE

FX:EURUSD   Euro / U.S. Dollar
1004 0 9
We're looking at the EUR/USD             monthly chart. We can clearly see how highly impulsive these latest few down months have been. However, the pair is currently hitting the base of the long term descending triangle . This is a key historical support area , and we are paying close attention to what will happen going forward. If we get a convincing breakout of the base, we're looking at a very likely move of the EUR/USD             all the way to parity. Alternatively, we may very well get a bounce in the EUR, which will likely mean some correction in the greenback's rally.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out