Euro / U.S. DollarShort
Sell opportunity after retracement - EURUSD
After breaking lower channel trend line as expected, EURUSD appears to have stalled and is retracing towards the 1.11 area of support. This area may act as resistance sending the pair lower to the 1.095 area. However, failure to reverse off the 1.11 resistance could signal bullish momentum. Monitor price action around this area.
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