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Something for a much larger group of customers who focus on day trading or a method called scalping. Currently, the EURUSD chart shows a possible downward correction, rebounding again from the resistance. Additionally, it can be seen that the highs on the chart are progressing lower and lower, but this is not a book behavior of the price due to the low still not broken, which may indicate a correction but does not necessarily indicate a reversal. Only with successive lower lows and highs can we begin to consider the chart in a downtrend.
