EUR/USD Channel?

H4 Chart. I'll be looking for longs soon I reckon. Buying at 1.3690 area could work out nicely.
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  • The Dollar Index completed a daily bias (direction) change to the short side yesterday according to your chart WS, and given the EUR equates to over 50% of the dollar basket, I expect that TL will break at some point. That's my interpretation for now anyway :)
  • if you are going to go long in euro , one would assume that this trend line will break on US dollar index

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