EUR/USD Trend

Identifying the Euro/Dollar trend or any other fx pair is quite easy. You need to look the chart and check if the price is making higher highs over the time or higher lows. If it is then the trend is up. If the price is making lower highs or lower lows then the trend is down. Remember that each timeframe has its own trend so for example while the EUR/USD daily trend might be down the EUR/USD hourly trend can be up.

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