Euro / U.S. Dollar
Long
Updated

DeGRAM | EURUSD a breakout of the downtrend line

547
EURUSD is moving in an ascending channel above the trend lines.

The chart has broken the previous descending structure and started forming an ascending one.

The price broke the upper trend line and consolidated above it, as well as consolidated above the support level and the lower boundary of the channel.

We expect the growth to continue.

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Trade closed: target reached
Closed +44 PIPS

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