By: Dima Chernovolov EUR/USD continues to fall inside the daily Down Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend (3 bars), low Uniformity (3 bars) and above-average Clarity (6 bars). EUR/USD is […]

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EUR/USD has broken through a support line of a Triangle and suggests a possible movement to 1.1067 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]

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