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.
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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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
