After a nice bearish move, this pair has been in a descending channel for the past 3 weeks. It has recently made a lower high and I sense that it will break out to the downside in the next week or so, to resume the down trend.
I am looking for a lower high to form to take my short entry.
There is support coming up between 1.5180 and 1.5230 that I will target.
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Beyond Technical AnalysisEURCADeurcadanalysiseurcadshortTrend Analysis

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