EUR/USD Technical Analysis.
Currently, EUR/USD is trading at 1.1817. The pair is trading in a upward resistance and support channel and now trading at a key support level. If the price breaks the small support level at 1.1805, then it can touch the strong support level at 1.1750.
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Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
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