eur/usd daily rising channel
At the bottom of the channel , we have an hourly descending flag. Price bounced off key support region. Possible movement to the upside of the channel. This analysis is strictly technical. Based off simple chart patterns and confluent zones of support and resistance. Thus, consider looking for long opportunities on smaller timeframes.
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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.