EURUSD at breaking point of major channel line
EURUSD is trading at major long term channel resistance point D if EURUSD breaks that channel we can see major move upside in price which can be towards the target 1 and target 2 as shown in image but it pullback into channel line then we can trade on short the EURUSD with fixed stoploss and trade for target which is at support of channel line.
continuous line - Support/Resistance
dotted Line - Targets
continuous line - Support/Resistance
dotted Line - Targets
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