AariTech

EURUSD testing 2002 levels on descending channel

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hello Traders,

EURUSD trading below parity have possibility to fall further , unless there is some strong hawkish actions from ECB , overall techinically we are in descending channel pattern , with possible sideways movement on pair till ECB meeting ,
whereas break above descending channel could surely uplift the sentiment and move pair above parity with possible resistance near 1.02 -1.03 zone.

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