Mon, 06 Dec 2021 15:59:05 GMT
EUR/USD declines in channel pattern
The EUR/USD currency exchange rate has revealed that throughout December it has traded in a channel down pattern. Meanwhile, the pair was ignoring the support and resistance of the 50, 100 and 200-hour simple moving averages.
On Monday, the rate could find support in the lower trend line of the channel down pattern. Below the trend line, the weekly S1