EURUSD is trading in a narrow range for last 4 days and it may explains the current inability to continue green candles on this pair. From 27th July, after the Brexit bearish run, this pair had pulled back and posted new Monthly highs with more volume coming in simultaneously. But On 2nd August exactly on the current channel Resistance line, it got decline and formed a bearish channel which shows the amount of bearishness in this pair. Currently, again this pair trading around the trend line Resistance area and it may well follow the bearish channel and continue, as Brexit effect is still soaking. To the surprise if it goes bullish, it is better to wait till 1.1225 region to enter buy, otherwise look for opportunity to sell. Please find the daily chart analysis of EURUSD,
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