Hello traders, EUR/USD is trading at 1.1785. The price is moving in a downward resistance and support channel, after touching support level it can retrace back to its resistance level. The entry price for the pair is at 1.1794, target price is at 1.1823 and stop loss price is at 1.1769.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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