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RamziAbouAbdallah-CMT

EUR/USD -24/11/2022-

Long
Euro / U.S. Dollar (FX:EURUSD)  
RamziAbouAbdallah-CMT  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Trend Lines Parallel Channel EURUSD eurodollar USD dollar Currencies currency fxmarket Forex Technical Analysis
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supportandresistance trendline parallelchannel eurusd eurodollar usd dollar currencies currency fxmarket forex technicalanalysis
• Upward channels on daily chart
• First channel was broken, upper trend line was re-tested and is acting now as a support
• Pair now targets the upper resistance line of the second channel at around 1.05
• First resistance at 1.0480
• Second resistance at 1.0790
• Bullish stance as long as support at 1.0350 is held
Ramzi Abou Abdallah, CFTe, CMT

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