Eurodollar in a downward price channel.
After a strong movement, there are no deep pullbacks, which means that there are no buyers in the moment.
But the price does not go below the local minimum of 1.156 and is consolidating at the level, if the price consolidates above, then I think it may rise to the resistance of 1.161
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After a strong movement, there are no deep pullbacks, which means that there are no buyers in the moment.
But the price does not go below the local minimum of 1.156 and is consolidating at the level, if the price consolidates above, then I think it may rise to the resistance of 1.161
-------------------
Share your opinion in the comments and support the idea with Like.
Thanks for your support!
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