EURUSD Long Term Technical Analysis (monthly)

The price has reached the bottom of the long-term trends it has created since 1985, with the downtrend it has created since 2018.

When we look at a monthly basis, we can see that the indicators are trying to move from the fall to the rise.

In this sense, with the breaking of the downtrend, we can see a new rising channel that will work for a minimum of 4 years.

Or, long-term trends no longer matter, and prices will still follow the downtrend between 1.15 and 0.95 for a while.

Time will show which trend will win ...
Good luck on both sides, May the best win...


Only personal opinions and ideas. Does not Include Legal Investment advice...