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Descending Triangle within Downward Channel
Euro / U.S. Dollar
Descending Triangle within Downward Channel
By namah
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Updated
Dec 22, 2016
7
Dec 15, 2016
Triangle support at current levels....will be rangy btwn 1.11+ to 1.0426 within triangle. A breakout suggests more pain for EUR in long term.
Dec 22, 2016
Note
...and rangy....high 1.0452, low 1.0352 :)
Dec 30, 2016
Note
high of 1.0654 :)
Jan 18, 2017
Note
My Target-2 has been achieved (towards 1.07).
Range still holds in this monthly chart….with support at 1.0353 and resistance at 1.079/1.1050
Mar 16, 2017
Note
Remains Intact (and in weekly too) ...... :)
namah
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