Euro / U.S. Dollar
Long

DeGRAM | EURUSD channel breaking

523
EURUSD market is slowly moving up after the sell off on the 1H chart.

The market is ranging at the channel border. The major trend is bullish, so the descending channel is just a pullback.

We expect a retest of the major resistance at 1.1000 if price breaks and closes above the channel by making a higher high.


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