Fxprotrader

EURUSD Potential Sell Setup

Short
FX:EURUSD   Euro / U.S. Dollar
Price is moving in a rising channel where recently is bounced from the upper trendline and is now heading south. Moving a little more to the down price will test an uptrend where we should watch closer to see if price breaks below it. This will signal a drop of price till the lower bond of the channel. If price breaks below the channel a huge down move is coming, but it may take a little time for that.
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