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XBRUSD, H4 XBRUSD navigates within a bearish channel, facing the 70.30 resistance. The 9-MA crosses the 14-MA, while the RSI crosses the mid-line upwards, giving a bullish sentiment. Consider a long trade, if the price breaks above the channel, with the target at 72.30 level.

The post XBRUSD: Descending Channel appeared first on Action Forex.

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