Tue, 20 Dec 2016 13:45:06 GMT
EUR/DKK 1H Chart: Channel Down
The common European currency is in a medium term descending channel against the Danish Krona. However, the currency exchange rate is simultaneously trading in two descending channels, as on a larger scale the pair is also moving south. Recently the currency pair hit the larger pattern's lower trend line and began a rebound. Although, it has to be noted that