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EUR/USD: Persistent Bearish Channel with Potential Reversal

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Euro / Dolar A.S. (FX:EURUSD)  
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FX:EURUSD   Euro / Dolar A.S.
Chart Patterns Harmonic Patterns Trend Analysis EURUSD Forex forexsignals daytrading daytrade
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chartpattern harmonicpatterns trendanalysis eurusd forex forexsignals daytrading daytrade
The EUR/USD currency pair continues to be confined within a prevailing Bearish channel, indicating a downward trend. Although there has been an increase in trading volume over the past two days, the main trend remains downward. Within the channel, a Shark pattern has been identified, suggesting a potential reversal in the near future. Additionally, the current price is approaching the critical 61.8% Fibonacci level, which often serves as a significant point for reversals. Considering these factors, we are actively seeking a short setup for this pair.

Idea Berkaitan

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EUR/USD Rangebound: Rejection at Resistance and Overbought RSI
Penafian

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