EURUSD | Retracement

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Price retraced of the Higher Boundary of a Descending Channel, also of the Ichi Cloud resistance zone.

This should lead to retest of the Mid Line of the Channel. And if there will be a confirmed breakout of the Mid Line we can initiate a short position

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.