DeGRAM | EURUSD a bounce in the descending channel
Updated
EURUSD is moving in a descending channel between trend lines.
The price is above the 50% retracement level of the last bearish impulse.
The chart has already reached the lower boundary of the channel, the support level and the lower trend line.
We expect the rebound to continue after retesting the 50% retracement level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The price is above the 50% retracement level of the last bearish impulse.
The chart has already reached the lower boundary of the channel, the support level and the lower trend line.
We expect the rebound to continue after retesting the 50% retracement level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +51 PIPS
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