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Euro / U.S. Dollar
Short

EURUSD after weekly close at the top of channel

By Aurocks_AIF
Updated
Seems like correction is over at the top of the channel with the red candle testing it and negative div on MACD. Looking forward to breaking next important support area, after 2 attempts failed (first one after finding support on 0.382 fibo level and second one when testing the bottom of the channel).
Trade closed: stop reached
Resistance broken
Note
Decided to enter at the next resistance, at 0.618 retrace, SL at BE now after candle closed under TL, which is a nice sign, looking forward now as previously to break 1.08 support.
Note
snapshot
correctionDivergencedollarEUeuroEURUSDFIfiboMoving Average Convergence / Divergence (MACD)Parallel Channelsupport
Aurocks_AIF

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