Euro / U.S. Dollar
Long
Updated

DeGRAM | EURUSD rebound in the channel

470
EURUSD is in a descending channel between trend lines.

The price is moving from the lower boundary of the channel and dynamic support, which previously acted as a rebound point.

The chart is holding above the 62% retracement level.

We expect a bounce in the channel.

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Trade closed: target reached
Closed +53 PIPS

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