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DAY_PROFITS

EUR/USD: Persistent Bearish Channel with Potential Reversal

Short
Euro / U.S. Dollar (FX:EURUSD)  
DAY_PROFITS  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Harmonic Patterns Trend Analysis EURUSD Forex forexsignals daytrading daytrade
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chartpattern harmonicpatterns trendanalysis eurusd forex forexsignals daytrading daytrade
The EUR/USD currency pair continues to be confined within a prevailing Bearish channel, indicating a downward trend. Although there has been an increase in trading volume over the past two days, the main trend remains downward. Within the channel, a Shark pattern has been identified, suggesting a potential reversal in the near future. Additionally, the current price is approaching the critical 61.8% Fibonacci level, which often serves as a significant point for reversals. Considering these factors, we are actively seeking a short setup for this pair.

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DAY_PROFITS
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