DeGRAM | EURUSD distribution

FX:EURUSD   Euro / U.S. Dollar
The distributive movement on the instrument may end soon, as the price has already come close to testing the strong support of the price channel .
At least I expect to stop at the intersection of strong levels in the zone - 1.1915.
Since the trend is upward and there was no breaking of the global picture,
I expect either a rebound from 1.1915 or a false breakout and continuation of the trend.

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Nice analysis!
+1 Reply