EURUSD Channel Support + 200Dma Setup
Updated
Looking to go long at the 50% + 200Dsma + channel support.
Will be watching into next week for signs of weakness and a potential test of the 200dsma where I will be looking to enter.
The daily has positive rsi divergence but it still leaves room for the bears to test this lower level while still maintaining a bullish structure of higher highs and higher lows.
Good Luck
Will be watching into next week for signs of weakness and a potential test of the 200dsma where I will be looking to enter.
The daily has positive rsi divergence but it still leaves room for the bears to test this lower level while still maintaining a bullish structure of higher highs and higher lows.
Good Luck
Trade active
Stops below the channel. 
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