EUR/USD – Ascending Channel Eyes Major Resistance at 1.1650

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EUR/USD – Ascending Channel Eyes Major Resistance at 1.1650EUR/USDOANDA:EURUSDAwaissmcEUR/USD continues to respect a well-defined ascending channel since the late-July low, with a series of higher lows and consecutive BOS confirming bullish structure. Clean bullish market structure with sequential ChoCH → BOS shifts marking the trend change from late July Price has repeatedly bounced off the lower channel trendline, respecting the ascending structure