EURUSD Repeatedly rejected on the Channel's top. SELL.
The EURUSD pair is testing and so far has been rejected twice, the top of the Channel Down pattern.
The Fed fueled rebound on the 1day MA50 has delayed the decline but the selling pressure at the top of two Channel Down patterns, is expected to do the trick by next week.
Sell and target the Rising Support, which is the bottom of the Megaphone pattern at 1.0700.
Previous chart:
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The Fed fueled rebound on the 1day MA50 has delayed the decline but the selling pressure at the top of two Channel Down patterns, is expected to do the trick by next week.
Sell and target the Rising Support, which is the bottom of the Megaphone pattern at 1.0700.
Previous chart:
Follow us, like the idea and leave a comment below!!
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