EUR/USD Respecting 1.30 and Trendline Support so Far

Trendline: In the daily EUR/USD chart, we can see a trendline going back to the July low, and a faster speedline that comes from the November low. Price action has respected the more recent line by staying above the 1.30 handle. Also the RSI reading is still above 40. A break below 40 would reflect…

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EUR/USD Respecting 1.30 and Trendline Support so Far

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