EURUSD Downtrend line Rejection ? 27.05.2024

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EURUSD Downtrend line Rejection ? 27.05.2024 by BDSwiss_Academy on TradingView.com

– Downtrend identified in 1-hour chart of EURUSD with a downtrend line.

– Breakout above downtrend line likely pushes exchange rate up to resistance.

– Rejection at downtrend line likely sends exchange rate down to support.

– Apply risk management.

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