channel expected rise up to the target area and then fall down
It can see that the price just touched support point and will go up
Price is oscillating between two parallel trend-lines.
The price is above the support line. SPX is trading in the parallel channel .
NWCBTC is in a rise channal basically.I expect a fall from the resistance line to the support line, and then rise from the support line.
DXY is in a very strong down channal, it just touched the resistance line and will go down to the support line
The price is in a growing channel, so I think the price will move like the chart.
As we can see, the price has touched a strong support point, and it is in a strong long area in the long term
If the price can break the key point, I expect the price will go up , otherwise will go down
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I expect the price will reach resistance line, it is time to buy EURAUD