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daily schedule: euros tests important dynamic support 1.0480 (lower band of the Bolinger), where an increase in trend pressure from the ADX is observed.
Four -hour schedule of the EUR/USD pair. On Friday, the currency pair pierced the lower boundary of the horizontal channel (6/8 – 8/8) and continued to move down.
Price, having beaten off the upper boundary of the range went down and updated the local minimum. From here the price can start to grow again and this time to gain sufficient speed to update the current maximum.