UnknownUnicorn15614419

EURUSD: is it possible to talk about breaking the trend?

Short
OANDA:EURUSD   Euro / U.S. Dollar
At the beginning of the month, the price broke through the support line - the border of the falling channel - 1.187. This channel was formed at the beginning of the year and the price has followed it all these months. Can we now talk about a trend reversal and the beginning of strong growth? I think that in the near future the price will rise to the resistance level of 1.208. but it will not be able to break through and after touching it will again fall at the 1.195 support level.

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