EUR/USD: consolidation at resistance

The EURUSD is fighting its way through a confluence of resistance levels, the 61.8% of the Nov-May downleg and the short-term channel resistance. The 4h price action shows a lower low and a lower high which indicates high probability of a correction towards 1.3300. The trend timeframe still shows a strong uptrend, only a lower high below 1.41586 would allow us to watch for sell signal.

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