KrunchieKilleen

EUR/USD: How far will it dive?

Long
FX:EURUSD   Euro / Dollar Américain
The orange-shaded zone depicts the upward Range the EUR/USD is following. The pink lines clone the down-slope of the most recent dive and measure it against previous dives and the possible dive of the near future. If it dives to the same extent now as previously, it will see the security crash through the bottom line of the depicted Range, but this will only be a short-lived break-through, and the upward slope will quickly resume.

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