EURUSD Trading siganls for 5 jan 2022

⚡️Volatility may rise in EURUSD soon!

The pair is consolidating under the cross point of the 100- and 200-hour moving averages inside the rising channel. Thus, we must wait for the breakout to follow the next move.

If the price breaks above the moving averages (approx. 1.0630), it will rise to 1.0670 and 1.0690.
On the other hand, if EURUSD declines below the lower channel’s border and breaks through 1.0580, it will move to 1.0525.

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🔥Wait for the breakout and follow the trend!

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