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Christopher-James
Oct 27, 2015 10:00 AM

EURUSD Channel Forming  

Euro Fx/U.S. DollarFXCM

Description

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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