The EURO has been in a downtrending channel since the middle of 2018.
The direction of trade favours this downtrend , with price trending below a yearly moving average.
The longer term target is 1.0450 and the intermediate price target is 1.0650.
At current price levels of 1.08 , the Euro is a sell.
The direction of trade favours this downtrend , with price trending below a yearly moving average.
The longer term target is 1.0450 and the intermediate price target is 1.0650.
At current price levels of 1.08 , the Euro is a sell.