UnknownUnicorn15614419

EURUSD: return to the channel after a false breakout

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
The price made a small false breakout of the resistance line at 1.188. This is the line of the descending channel formed at the beginning of the year after the price fell. We can expect that the breakout was false and after it the price will break the line again during the fall and return to the channel, reaching the 1.162 support line.

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