EURUSD, on shorter time frame, is trading in a bearish parallel channel. It has given a fakeout(under cut low) from parallel channel and back in channel.
Currently, it is on confluence point taking support from horizontal zone and parallel channel.
Bulls are expected to be active from this zone and push the price first to channel top
Trade your levels accordingly.
Currently, it is on confluence point taking support from horizontal zone and parallel channel.
Bulls are expected to be active from this zone and push the price first to channel top
Trade your levels accordingly.
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