A possible move on EUR/USD as it heads towards support

Will EUR/USD have enough momentum to break support?
EUR/USD is heading towards the support line of a Channel Up and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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