cashmachine01

EURUSD Channel Forming

FX:EURUSD   Euro / U.S. Dollar
165 0 4
There is a pullback in a channel formation forming

The 4 Hour is hovering around the trend line , however the 60 minute is showing a lack of bullish power.

I will look for a trade entry breaking below the channel

Price reaching 1.11000 may see a push to the upside, with long orders triggered.

Watching to see.
Trade active: Entered Short
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