EURUSD been in a long downtrend move since 2021. After price broke the downtrend channel, an upward impluse wave started. Currently, price is resting/oscillating in a somewhat sideway channel. If price breaks the lower side of this channel, there is ahorizontal area which is where orders are accumulated. Let's see what happens.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.