DeGRAM | EURUSD movement between trend lines

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EURUSD is moving above the descending channel between the trend lines.

After reaching the upper trend line, the price sharply reached the lower one and bounced again.

The chart movement when approaching the resistance level indicates buyer weakness.

We expect the price to decline.

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Сделка закрыта: достигнута тейк-профит цена
Closed +76 PIPS
Chart PatternseurusdanalysiseurusdsignalSupport and ResistanceTrend Analysis

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