EURUSD | Rebound Resistance & Bottom Channel Line
Updated
Recent market news & movements, lead to a sharp decline.
In this chart analysis, we'll be examining the price action of EURUSD, focusing on a recent rebound that occurred at the bottom channel line & at 1.09700 resistance zone. The EURUSD pair experienced a notable price drop, but following some key developments, it has found support at the lower boundary of the descending channel, presenting potential trading opportunities.
My goal is 1.09980
In this chart analysis, we'll be examining the price action of EURUSD, focusing on a recent rebound that occurred at the bottom channel line & at 1.09700 resistance zone. The EURUSD pair experienced a notable price drop, but following some key developments, it has found support at the lower boundary of the descending channel, presenting potential trading opportunities.
My goal is 1.09980
Trade closed: target reached
Perfect forecast âś…âś…
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