EUR/USD broke out of a tidy channel on the downside this morning but is now rebounding to test the bottom on the channel around 1.3245. The textbook tells us that markets will often retest breakouts before continuing lower, in this case.
EUR/USD broke out of a tidy channel on the downside this morning but is now rebounding to test the bottom on the channel around 1.3245. The textbook tells us that markets will often retest breakouts before continuing lower, in this case.
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