is trading in a falling wedge
pattern in a bigger trend, within the falling wedge
, it is also trading in channel pattern. We might see more downside in EURUSD
from the current level. As we can see, the falling wedge
resistance line and parallel channel
resistance line overlap each other, so there is strong resistance for upside in EURUSD
. We might see downside towards the support line, as we can see in the chart.
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