EURUSD: growth in a bearish channel
The price continues to move in the bearish channel that formed in December last year. As you can see, it perfectly touches both trend lines. Also, a correction zone has formed inside the channel. Recently, the price just bounced off the 1.170 support and corrected in the 1.179 zone. Now we can expect it to break through the line and continue to rise to the resistance at 1.182.
SL - 1.170.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.170.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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