Euro / U.S. Dollar
Long
Updated

DeGRAM | EURUSD a bounce in the descending channel

473
EURUSD is moving in a descending channel between trend lines.

The price is above the 50% retracement level of the last bearish impulse.

The chart has already reached the lower boundary of the channel, the support level and the lower trend line.

We expect the rebound to continue after retesting the 50% retracement level.

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Trade closed: target reached
Closed +51 PIPS

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