EUR/USD Consolidates Around 1.34 and New Channel Support

Falling channel: After falling sharply during the 2/7 session, EUR/USD found support just under 1.34. This price action forms a falling channel as it bounces from the falling support seen in the 1H chart. During the 2/8 session so far, EUR/USD is consolidating around the 1.34 handle in what appears…

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