EURUSD broke out of the ascending channel, and it is testing the resistance zone and dynamic resistance (trendline).
The market overall is consolidating because, price action is printing HHs and LLs, indicating indecision in the market.
If price action rejects the resistance level of consolidation, we can look for a potential sell trade.
We expect a bearish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market overall is consolidating because, price action is printing HHs and LLs, indicating indecision in the market.
If price action rejects the resistance level of consolidation, we can look for a potential sell trade.
We expect a bearish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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