DeGRAM

DeGRAM | EURUSD in consolidation

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD broke out of the ascending channel and retested it.

Price fell from a strong resistance level of 1.09300, and the price action is printing HHs and LLs, indicating indecision or consolidation.

The market formed  AB = CD pattern.

We expect a move down and further consolidation.


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