USD/EUR price action is developing exactly as described 😄
Illya Gerasymchuk
USD/EUR price action is developing exactly as described 😄
Once price went below the pink trend support line it fell through to 0.8785 exactly, before resuming a steeper downtrend after a failed breakout
If USD/EUR falls below the pink trend line, it's a fall to ≈0.8785
From here the downtrend towards ≈0.8689 (monthly level) is setup to be resumed & likely under a tighter channel (up: pink, bottom: green) - so a faster downfall of USD against EUR
Stay tuned 📻
