DeGRAM | EURUSD short from kill zone

2023年8月21日

EURUSD is moving in a descending channel. It bounced off the support, following the bullish divergence.

The market is in a bearish trend, so there is a kill zone where we have a fibo cluster and round number 1.09100.

On the daily timeframe, we have doji bars indicating indecision or consolidation.

We expect a rebound from the kill zone.


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