EUR/USD -24/11/2022-
• Upward channels on daily chart
• First channel was broken, upper trend line was re-tested and is acting now as a support
• Pair now targets the upper resistance line of the second channel at around 1.05
• First resistance at 1.0480
• Second resistance at 1.0790
• Bullish stance as long as support at 1.0350 is held
• First channel was broken, upper trend line was re-tested and is acting now as a support
• Pair now targets the upper resistance line of the second channel at around 1.05
• First resistance at 1.0480
• Second resistance at 1.0790
• Bullish stance as long as support at 1.0350 is held
Ramzi Abou Abdallah, CFTe, CMT
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