EUR/USD bounces from channel support, can reach 1.2180 again
EUR/USD's downtrend has come to a halt near the minor channel support.
We have seem some bullish price action at this level in the smaller time frames.
If the bears are unable to break below the support line, there is good chance
that a pullback to the channel resistance can occur again.
Currently holding a buy from 1.21 level with target at the 1.2180 level. Stop losses
below the channel support line.
We have seem some bullish price action at this level in the smaller time frames.
If the bears are unable to break below the support line, there is good chance
that a pullback to the channel resistance can occur again.
Currently holding a buy from 1.21 level with target at the 1.2180 level. Stop losses
below the channel support line.
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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.