is trading at 1.7378. The pair is trading in a downward resistance and support channel. The price is moving towards its resistance level
at 1.7396 and it can rebound back after touching resistance level
. So, it is possible that after it rebounds from the resistance level
it can touch its support level
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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