DeGRAM | EURUSD reached the correction level
Updated
EURUSD is moving in a descending channel between trend lines.
The chart maintains a downward structure.
The price has reached the dynamic support, the lower boundary of the channel and the support level coinciding with the 62% retracement level and is now above it.
The dynamic support has already acted as a rebound point.
We expect a rebound after consolidation above the dynamic resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart maintains a downward structure.
The price has reached the dynamic support, the lower boundary of the channel and the support level coinciding with the 62% retracement level and is now above it.
The dynamic support has already acted as a rebound point.
We expect a rebound after consolidation above the dynamic resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +53 PIPS
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.