is trading at 0.7303. The pair is trading in upward resistance and support channel and about to break its entry level. The price is moving towards its support level
at 0.7200 and it can rebound back after touching support level
. So, it it breaks the entry level at 0.7300, it may continue its down trend and can touch its target price ( support level
) at 0.7200.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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