EURUSD Sell Setup at Key Resistance Level

Looking at the daily chart of EURUSUD we may see that price has reached the upper parallel of a descending channel which has previously has acted as resistance make price drop. Switching to the the lower timeframes we may see that we already have an active slope median line set which offers a tremendous sell setup opportunity based on risk reward.

Daily chart

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Commentaire:

For some reason in the hourly chart the blue trendline of the daily channel seems not to appear :(

Transaction en cours