EUR/USD is moving in an ascending channel in the hourly chart.
The range is defined within the channel support and resistance.
Currently, price has reversed from the Upper trend line of the channel.
So, a drop to the channel support is likely now.
This could be a possible trade signal based on the hourly chart
Sell@1.1812-1.1825 SL:1.1860 , TP: 1.1760
The range is defined within the channel support and resistance.
Currently, price has reversed from the Upper trend line of the channel.
So, a drop to the channel support is likely now.
This could be a possible trade signal based on the hourly chart
Sell@1.1812-1.1825 SL:1.1860 , TP: 1.1760
Trade closed: target reached
Reached 1.1760
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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.
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.