EURUSD growth in channel to resistance
The price continues to move in a small upward channel.
It recently bounced off the support line (lower channel line) at 1.222.
This upward movement is also part of the price movement in the older rising channel.
This channel began to form back in February 2020.
So now the price is near the intersection of the channels.
Namely, resistance lines (upper line of the senior channel).
I expect the price to finish rising in the lower channel.
She will come to the line of resistance.
The target - 1.240
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It recently bounced off the support line (lower channel line) at 1.222.
This upward movement is also part of the price movement in the older rising channel.
This channel began to form back in February 2020.
So now the price is near the intersection of the channels.
Namely, resistance lines (upper line of the senior channel).
I expect the price to finish rising in the lower channel.
She will come to the line of resistance.
The target - 1.240
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀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
Related publications
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.