EURUSD Descending channel
Updated
EURUSD has been ranging in a 350pip zone since the beginning of 2018. Previously we suggested a bounce from the support zone, unfortunately our stop was hit before it bounced from the area but now we can see price is in a descending channel, if this channel holds we would expect another test of the support zone, alternatively if the channel is broken a retest of the resistance area.
Trade closed: target reached
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