EUR/USD Could Trade Downwards

<p>On Tuesday, the EUR/USD currency pair broke the falling wedge pattern. Also, the pair has revealed a medium-term descending channel. From a theoretical point of view, it is likely that the exchange rate could trade downwards within the predetermined channel in the short term. A possible downside target is the 1.2060/1.2080 range. Meanwhile, note that […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354592-eur-usd-could-trade-downwards-2/">EUR/USD Could Trade Downwards</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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