Key Resistance Zone

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Key Resistance ZoneEuro/US DollarFX:EURUSDAlgoWave_TechMarked near 1.15800, just below the upper boundary of the channel. A red arrow and label indicate this as a potential sell zone. Price is expected to retest this area before dropping again. Projected Move (Bearish): Price may: 1.Push up into the resistance zone. 2.Reject strongly and fall back. 3.Continue downward with minor pullbacks, following the blue arrows.