EURUSD is moving between the trend lines within the descending channel.
The pair has reached the lower boundary of the channel and dynamic support, and is now trading above the 62% retracement level.
The chart has formed a pattern AB=CD.
The price formed a bullish takeover after reaching the channel boundary.
We expect the rebound to continue after the support is retested.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The pair has reached the lower boundary of the channel and dynamic support, and is now trading above the 62% retracement level.
The chart has formed a pattern AB=CD.
The price formed a bullish takeover after reaching the channel boundary.
We expect the rebound to continue after the support is retested.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex