EUR/USD SPIKES TODAY
The jump in value of EUR/USD today is, surely, a spike. There is a definite break-out from the recent downtrend and this spike marks the beginning of the new uptrend. However, the slope of the uptrend is more likely to be that marked by the green trend-line I have drawn.
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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.