On the EURUSD daily chart, we can see that the pair has reached the near-term uptrend channel top also a Pitchfork channel downtrend line 1.19000 level. Looking at this upside resistance this could be a place for a correction lower.
Note: look for the short trades here with the small SL just above the 1.19700 level.
Happy trading! (click on the chart to enlarge it)
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