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TradingAlchemist
Oct 25, 2021 9:46 AM

EURUSD📈Resistance level ❗ Long

Euro Fx/U.S. DollarFXCM

Description

The four-hour chart of the EUR / USD pair. The currency pair continues to trade in a wide horizontal channel with borders at the daily supertrend line and the level of 1.1658. As part of the sideways trend, we are waiting for the development of a moderate downward movement to the daily supertrend line.
This scenario will be canceled after the price fixes above 1.1665.

Have a nice trade!
Comments
Mihai_Iacob
Thanks for sharing
TradingAlchemist
Shall we go lower or grow back from the weaving position?
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