EURUSD is trading in a descending triangle pattern. It trades at the resistance level of the descending triangle, so we might see it moving towards the support zone level from the current level. One can trade for the short side with a stop loss just above the resistance line of the descending triangle pattern.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.