Descending Tri Eur/USD

Styex

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Looks like a perfect descending triangle setting up for the Eur Usd pair. My guess is that it will re test the 1.3 level again and fail once to break once more before finally falling through the support line.
 

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Agree, we are in a longterm downtrend. It will more than likely get there but not yet....
 
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