As you can see in this currency pair, a channel has been formed pivoting around the 62% Fibonacci retracement line in the last three weeks, which has worked very well with both resistance and support at the base of the channel.

For the first time since November 3, it seems that the upper part of the channel is going to be tested as resistance, so it is most likely that there will be a turn close to 1.5310 level, to return to 1.5215 prices, and see if a new impulse is produced, or the correction is prolonged.
Entry level 1,5300; stop loss 1,5345. Take profit 1.5215




Good trading
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