EUR/USD Upward Channel

FX:EURUSD   Euro / U.S. Dollar
402 4 0
EUR/USD             finds support at 1.3480 area which is also about the same spot where the 50 Moving Average at, and the bottom of the up trend channel. If it bounces from this bottom trend line , there is a possibility that it will go bullish . The nearest resistance zone is at 1.3670 level.
But do you see the $ rise suddenly
avis06 nayach.alniswan
Yes, looks like it's heading back into the channel.
The bottom of the trend line has been broken and found support at the 100 MA.
Yeah there is a high possibility for upside movement. Let's see
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