EUR/USD
A signal in favor of falling EUR / USD quotes will be a rebound from the central border of the descending channel. The second signal will be a rebound from the trend line on the relative strength index (RSI). Cancellation of the option of falling quotations of the Dollar currency pair will be a strong growth and a breakdown at the level of 1.1745. This will indicate a breakdown of the central border of the channel and a continuation of the rise in the area at the level of 1.1995. Waiting for confirmation of a fall in the EUR / USD currency pair is a breakdown of the support level and closing prices below 1.1465.
Have a nice trade!
A signal in favor of falling EUR / USD quotes will be a rebound from the central border of the descending channel. The second signal will be a rebound from the trend line on the relative strength index (RSI). Cancellation of the option of falling quotations of the Dollar currency pair will be a strong growth and a breakdown at the level of 1.1745. This will indicate a breakdown of the central border of the channel and a continuation of the rise in the area at the level of 1.1995. Waiting for confirmation of a fall in the EUR / USD currency pair is a breakdown of the support level and closing prices below 1.1465.
Have a nice trade!