Euro Currency Index
לונג

ALERT: EUR Broke Out of Long-term Downtrend Vs Currency Basket

246
This is the aggregate EUR index against several currencies called EXY (like DXY)
Large downtrend from 2008 was breached this quarter to the upside.

The first trigger of trend weakness occurred in the summer of 2017
when EUR index crossed over mid-line and for the rest of time
the price has remained there.

In 2021, the price has shown a false break to the upside but failed to progress further.
That top is the nearest target for the price at 123, which will book +9% profit.
The next barrier is located at the top of 2014 of 140 with +24% gain.

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