EURUSD: continued growth. When to expect a correction?
Updated
As we expected from the beginning of the week, the price came to the 1.170 support and, having pushed off from it, began to grow. It is now in the middle of the falling channel. This channel was formed during the fall in price since the beginning of the year from the point 1.234. In the middle of the channel, there is a zone of correction, and we can expect that the price will break through it and consolidate at point 1.176, after which it will rise to the resistance of 1.184.
SL - 1.171.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.171.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Comment
1.
2.
3.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.