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EURUSD
The currency pair remains in a strong uptrend making slight corrections, thanks to which the channel was created. The trend is strong but I read every day that a lot of players try to take a short position without any foundation. However, today the USD expects quite strong macroeconomic data which indicate an improvement in the US economic situation. This could lead to a strong downward correction if the data were even better than expected. The output from the channel will be the first signal for a stronger correction. Unfortunately, in the case of macro data, the market does not often give you the opportunity to enter a position cleanly, and I personally am not for grabbing a position by force “because they run away ..”
