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CHART-II
- EURUSD Breaks the channel shown below. 1.3786 is the important support area. Breaking below this will favour the bears.
CHART - I
- 1.3890 is the channel bottom
- If 1.3890 is held a good up move is possible
- Break of 1.3890 will be crucial because that breaks an important trend line which will be a bearish event for the short term
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