EURUSD_chart 03.12Euro to American dollar pair (H4) moves in the dynamic down trend sixth month in a row. Actually, price fell to the level of last minimums. It is a important support level, which price nicely read and reacts to it. This situation may repeat now.

We should also note, how the trend line is respected. The assumption that price will rebound from the support and approach the trend line (marked in red) has a huge possibility of success.

EURUSD_scren 03.11

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