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forex-trader_1
17 jun 2021 14:28

2 scenarios for the Eur/Usd at the bottom of the uptrend channel 

EUR/USDOANDA

Beskrivning

After yesterday's fall, which was predictable,The price has reached the bottom of the up channel $ 1.193.
The euro now needs a temporary price increase from this point to escape the down pressure.
The two possible scenarios from this point are:
1- Zigzag movement upwards and breaking the red trend line and moving towards the middle of the uptrend channel
2- Corrective upward movement and then breaking the channel and continue the fall.
Mer