Expecting to retest descending channel line and go to the support on 1.09250 level.
Entry : 1.100 - 1.101
Target : 1.09270 - 1.09050
Stop Loss : 1.103
DXY is also seems like supporting the idea. There is still some room for DXY to descend and bounce from the support line.
*Not an expert, please trade on your own risk.
I am not an expert but here is my thoughts. EURUSD is in the falling channel on H4 and D charts. We see that price bounced from the bottom of the falling channel on D chart. Now its above the key level of 1.09260, needs the retest that point and should be going towards top of the channel for testing.
Entry : 1.09260
Target : 1.100
Stop-Loss : 1.088
(NOT A...
