EUR/USD Technical Analysis.
Currently, EUR/USD is trading at 1.1778. The pair is trading in a downward resistance and support channel and now moving towards its support level. The price can retrace back to resistance level and then it can come down to break the support level.
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Thank you,
Rishikesh Lilawat
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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