Ryan_lopes

Close to channel breakout in EURUSD

Ryan_lopes Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Hello traders, lets start this week with our favorite pair, EURUSD . As we can see that the pair is in its channel and is close to its breakout. The support and resistance is in higher time frame that is D1. One can wait for the pair to breakout from its channel. it will be interesting to know where the pair goes, also after breaking the channel the pair can possibly break its support or resistance.
Ryan.R.Lopes
Comment:
take a buy call
Trade closed: stop reached
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.