EURO-DOLLAR IN THE CHANNEL|STRUCTURE UPDATE|
Updated
EUR_USD is trading back in the channel, facing mid-channel resistance!
There are essentially two scenarios:
(1) Bounce from the resistance> short>SL above the spike>TP support
(2) Momentum breakout>retracement> upward push
All that depends on whether the pair still got any steam left...
So far it aint been going much anywhere...
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