Paraman666

EUR/USD - correction finished

Long
FX:EURUSD   Euro / U.S. Dollar
EURO has been pretty weak against all other currencies last week, but I think it will become the strongest of currencies once again. From the top, we are moving down in corrective channel and this channel was broken a while ago. RSI really cooled off and uptrend should continue right now. I am expecting some big correction, but not from these levels. Also SPY is near to all time highs and we will surpass that high probably this week, so dollar should continue in weakening.

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