Good morning all,
We notice on the weekly chart of EUR/USD the prices are trading within a downward channel then it witnessed some up corrections within a sideway triangle and it has closed above the bottom line of the triangle which reflects the continuity of up corrections towards the 1.2794-1.2808 area , then it would resume its bearish trend towards the 1.2706 level .
Good Luck Traders![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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We notice on the weekly chart of EUR/USD the prices are trading within a downward channel then it witnessed some up corrections within a sideway triangle and it has closed above the bottom line of the triangle which reflects the continuity of up corrections towards the 1.2794-1.2808 area , then it would resume its bearish trend towards the 1.2706 level .
![chart21.png](/proxy.php?image=http%3A%2F%2Fwww.mbcfx.com%2Fnews%2Fimages%2Fchart21.png&hash=40f11c79fe9a6cba00a17e6f36675b9a)
Good Luck Traders
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter