The pair is still trading inside the
long term downtrend channel as shown.
As long as the prices stay inside the channel
we may expect the Long Term target may be
below parity.
Only breaking and sustain trading well above
the upper trend line may save Euro from
all time low.
long term downtrend channel as shown.
As long as the prices stay inside the channel
we may expect the Long Term target may be
below parity.
Only breaking and sustain trading well above
the upper trend line may save Euro from
all time low.