EUR/USD in downtrend channel - rises could be sell opportunities

Short

Euro / U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro / U.S. Dollar

On the hourly chart, EUR/USD is trading in a downtrend channel. European fundamentals, including the recent IFO figure from Germany as well as PMIs, point lower.
Rises within the channel could be sell opportunities within the trend. What do you think?

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