egy-forex
06 Feb
06Feb


Index of the Euro EXY is trading on the weekly chart, inside a falling channel targeting the lower side of the channel

Then the 105.9 - 103.9 level, which will be the bulls for the euro, and will support it strongly if the price meets the side at the side of the 105.9 level.

It would be a good level to buy at the time. But until now, the outlook is negative for the euro, as is clear from the chart, unless the previous top is broken and the level of 112.7 is crossed, then we will have another talk.

The general trend of the Euro Landx is bearish

We recommend selling as the price rises inside the descending channel


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