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Euro / U.S. Dollar
Long

Descending Channel Exhaustion Bullish Reversal on the Horizon

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EURUSD Descending Channel Exhaustion Bullish Reversal on the Horizon

EURUSD continues to trade inside a clear descending channel, but price action is showing signs of exhaustion as it approaches a key liquidity zone. The structure suggests that buyers may soon take control, pushing price toward higher targets.

📊 MMFLOW Technical Outlook

Liquidity sweep near 1.16126 BUY ZONE signals strong potential for accumulation.

A breakout above the channel trendline will be the trigger for the bullish leg.

Key levels to the upside: 1.16694 – 1.16835 – 1.17064 – 1.17192.

💡 MMFLOW Trading Plan

Primary bias: Bullish – Buy dips near liquidity zones.

Entry ideas: Wait for confirmation at 1.16126 or a clean breakout + retest of 1.16694.

Short-term pullbacks can be scalped, but the main strategy favors swing longs.

📌 Key Levels to Watch:

Supports: 1.16126 – 1.1638

Resistances: 1.16694 – 1.16835 – 1.17064 – 1.17192

🚨 Risk Note:
Failure to hold above 1.16126 could extend the bearish channel lower. Always stick to TP/SL discipline.

✨ MMFLOW Reminder:
👉 Patience at KeyLevels = Profits
👉 Trade with the trend, not against it.

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