JureKrasovic

EUR/USD in a channel formation

Long
FX:EURUSD   Euro / U.S. Dollar
On the chart, we can see that the price has formed a channel formation. We are waiting for a breakout on the either of the sides. As we do believe that this is just a correction of an impulsive bullish move, we think that the price will break out at the resistance line and move even higher.


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