EURUSD could break the channel as coronavirus is spreading in EU

take long position as it is in lower band of the rising parallel channel till price touch resistance line. Then be aware and wait for the break, then take short position. Break could happen sooner be careful. EURUSD is under the long term trend line and as coronavirus is spreading in Italy and restrictions are growing, EUR could have faced downward pressure.
Coronavirus (COVID-19)EUREURUSDFundamental AnalysisITALYParallel ChannelSupport and Resistance

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