EUR/USD has been uptrending on the weekly sharply over the last several months.
The trend has been a bit sharper than normal on the weekly. If it does not respect this weekly trendline, then I anticipate that it will break down onto a more sustainable 45 degree trend unless the DXY continues to go down.
The trend has been a bit sharper than normal on the weekly. If it does not respect this weekly trendline, then I anticipate that it will break down onto a more sustainable 45 degree trend unless the DXY continues to go down.