Euro / U.S. Dollar
Short
Updated

DeGRAM | EURUSD movement between trend lines

965
EURUSD is moving above the descending channel between the trend lines.

After reaching the upper trend line, the price sharply reached the lower one and bounced again.

The chart movement when approaching the resistance level indicates buyer weakness.

We expect the price to decline.

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Trade closed: target reached
Closed +76 PIPS

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