Euro / U.S. DollarShort
EUR/USD settling into a downward channel
Following curve D, EUR/USD went from its excessive upward course in Channel A to a levelling off in Channel B and is now trending downward in Channel C. The downward trend will continue , I guess, until Christmas, when the longer-term upward course will be renewed.
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.