EURUSD – Parallel Channel – 45 Year Monthly Chart – Time Cycles

EURO / U.S. DOLLAR FX_IDC:EURUSD

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EURUSD – Long term monthly chart spanning 45 years with parallel channel . Time cycles are shown which coincide perfectly with the lows.

Not a trade idea. Just thought it was an interesting chart.

Looks like USD bulls have been trying to step it down below support (Pre-Breakout Squeeze?).

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