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Michael_Harding

EURUSD - Weekly Chart

Long
Euro / U.S. Dollar (FX:EURUSD)  
Michael_Harding  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
RSI is still holding above 50 indicating that the bullish momentum is still in play on the weekly timeframe. Price-action is still trending in an ascending channel but if we break below this ascending channel support, it's likely at that point this pair will trend lower.
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