DeGRAM

DeGRAM | EURUSD pullback from the retracement level

Short
DeGRAM Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD is moving in a global descending channel.

The volatility of the movement has slowed down by the time the price approached the dynamic resistance.

The chart was already showing a bearish takeover after reaching the 62% retracement level.

We think that the price will continue to decline after reaching the resistance level.


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Trade closed: target reached

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