A nice down trend channel has been formed and although it seems as if this pair has been on a bullish run, the channel with respected touches on the trend lines indicates that price has been obeying a correction.
I expect a slight movement upwards with price being beginning to weaken and for a nice correction downwards.
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I expect a slight movement upwards with price being beginning to weaken and for a nice correction downwards.
For more information on trade setups and trading education please visit my website in development: www.ejfxtrading.com