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KrunchieKilleen
Oct 7, 2021 8:15 AM

EUR/USD downslope may flatten 

Euro Fx/U.S. DollarFXCM

Description

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.
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