Sell opportunity after retracement - EURUSD

FX:EURUSD   Euro / U.S. Dollar
44 0 2
After breaking lower channel trend line as expected, EURUSD             appears to have stalled and is retracing towards the 1.11 area of support. This area may act as resistance sending the pair lower to the 1.095 area. However, failure to reverse off the 1.11 resistance could signal bullish momentum. Monitor price action around this area.
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