4HR Here's How I See it

FX_IDC:EURUSD   Euro / U.S. Dollar
43 0 2
FX:EURUSD             Price direction continues to oscillate inside channel range of 1.0807 & 1.0973. A new upward trend line has emerged identified by plotting both Jan 7 & Jan 13th troughs & connecting them by a trend line . Set up for a possible reversal to retest the downside before continuing it's upward trajectory towards next resistance of 1.0973 followed by 1.1027.
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