Euro / U.S. Dollar
Short

DeGRAM | EURUSD down with a gap

454
EURUSD is moving in a descending channel under the trend lines.

The price broke the dynamic support with a gap.

The chart has dropped below the level coinciding with the 50% retracement level of the last bullish impulse.

We expect the decline to continue in the channel after the resistance retest and gap closure.

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