Eurusd trading in channels, We have a triangle formation and if the price breaks above then it could result an uptrend to
1.2550 to 1.3000. We could also have a close look at the RSI where it completed the prior low with bullish divergence. It will be a If then theory, If we have a good close above the triangle then we can surely say its going to upside :)
Target is the old support which became the resistance.
Lets wait and watch what happens. Please share your thoughts.
1.2550 to 1.3000. We could also have a close look at the RSI where it completed the prior low with bullish divergence. It will be a If then theory, If we have a good close above the triangle then we can surely say its going to upside :)
Target is the old support which became the resistance.
Lets wait and watch what happens. Please share your thoughts.
