The Euro started its journey trading inside this Descending channel in 2008.

Respecting the top middle and bottom of the channel as we descend further

down some 13 years later .

I have pulled some fib levels above and below as well as the POC which is 3% off the current price .

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Descending ChanneldollarindexeuroeurousdFibonacciforexanalysisfxFXCMSupport and Resistance

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