- This is a Weekly Timeframe, EUR/USD Move within a bearish channel formed from 2008 until now. Until EUR/USD break 1st down trend line , it's considered bearish .
- Green Uptrend line from the bottom of year 2000 (support) .. Down trend line 1 (resistance) from peak of 2008 & down trend line 2 (resistance) from peak of 2018.
- Down trendline 2 considered short term line as it's can easily adjusted in future while current effect could be a resistance for price action.
- Breaking out from each line might result a upside movement and vice versa if it get rejected from it.
peace.