EU is showing signs that the long down move from 2018 might be coming to an end. Strong bullish momentum exhibited on the weekly charts breaking the last LH.
Potential to move to 1.18.
Strong resistance happening around 85 level
Weekly trend Line to act as resistance
Daily Resistance line.
Price is also rising in an ascending channel. Waiting for a 3rd touch of the top of the channel.
Potential drop to 82 level and a break of the bottom of the channel could indicate a move to the 80 level.
