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EURUSD: Most Pivotal Pattern in Euro’s History

From dailypriceaction.com

The EURUSD has started to settle in after weeks of extreme volatility. We caught a few of those moves, including the false break above the upper boundary of a descending channel from 2019. Sellers even managed to close the April 2017 gap at the end of that move. However, since April 6th, the EURUSD has been relatively docile. It seems to me that the euro is setting up for the next big move against the US dollar. The million-dollar question is, which way will it break? If you saw Saturday’s forecast video, you know the EURUSD is nearing the end of a multi-year terminal pattern. The lower level extends from the 2000 ... (full story)

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  • Category: Technical Analysis