It's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.
Comment:
I see, DXY looks bearish in the short term, so the XXX/USD pair is likely to rise
Comment:
If you look at the weekly chart, EURUSD has been trading in the descending channel for a long time, now it's trying to break it.
Trade active:
Resistance is broken, Look carefully.
