DeGRAM | EURUSD pullback in the channel
Updated
EURUSD is moving in a descending channel between trend lines.
The chart maintains a downward structure.
The price keeps the downward trend after reaching the upper boundary of the channel and dynamic resistance.
The pair has reached the support level.
We expect the decline to continue after retesting the 38.2% retracement level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart maintains a downward structure.
The price keeps the downward trend after reaching the upper boundary of the channel and dynamic resistance.
The pair has reached the support level.
We expect the decline to continue after retesting the 38.2% retracement level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +47 PIPS
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