motleifaul

Downward Channel

Short
motleifaul Updated   
FX:EURUSD   Euro / U.S. Dollar
We have reached once again the top of the downward channel. Due to the dwindling momentum I expect a downward correction at least.
Comment:
The level is a resistance not only due to the downward channel(s) but also as there is the July low that was a support in August and September before broken at the end of September.
Trade closed: target reached
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