Euro / U.S. Dollar
Long

EURUSD Channel Up aiming at 1.06300.

148
EURUSD is trading inside a Channel Up on the 1hour time frame.

The two previous bullish waves both topped on a +2.27% rise.

Having made a new low on February 19th, we are now on the 3rd bullish wave.

We expect a symmetric +2.27%, based also on the identical 1hour RSI it shares with the previous 2 bullish waves.

Buy and target 1.06300 (top of Channel Up at +2.27%).

Previous chart:

EURUSD Short term rebound possible.


Follow us, like the idea and leave a comment below!!

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.