The price formed a local resistance level, which was confirmed by a false breakdown - 1.09408. The trend is down and I don't think that the price can break the upper limit of the descending channel, unless it can be influenced by strong news. I am waiting for a test of resistance 1.09408 and a fall from the level. My target is the support zone 1.07815
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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