Euro / Dollar AS
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DeGRAM | EURUSD testing of the channel

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EURUSD is in a descending channel between trend lines.

The price is moving from the lower boundary of the channel and dynamic support.

During the pullback, the chart held above the 62% retracement level and is now approaching the upper boundary of the channel.

We expect a breakout of the channel, consolidation above it and further price growth.

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