Profile Picture
Illya Gerasymchuk
Entrepreneur / Engineer

If USD/EUR falls below the pink trend line, it's a fall to โ‰ˆ0.8785

If USD/EUR falls below the pink trend line, it's a fall to โ‰ˆ0.8785 From here the downtrend towards โ‰ˆ0.8689 (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 ๐Ÿ“ป

Thread Image

USD/EUR price action is developing exactly as described ๐Ÿ˜„ 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

Thread Image
๐Ÿ’ฌ