KrunchieKilleen

EUR/USD downslope may flatten

FX:EURUSD   Euro / U.S. Dollar
The green band in the chart shows the current range of EUR/USD. Red trend line A shows the down-slope norm. The sharp fall over the past month has caused the price to dip below that norm, so we can expect a levelling out over the next few weeks as it graduates back to trend-line A.

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.