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EURUSD might rise to the resistance of the channel

Long
Euro / U.S. Dollar (FX:EURUSD)  
Forexintelligence_NA  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators EURUSD eurusdlong eurusdprediction eurusdforecast eurusdidea
8
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trendanalysis indicator eurusd eurusdlong eurusdprediction eurusdforecast eurusdidea
EURUSD is pulling up from the support of the falling channel. I expect price to rise towards 1.17029 which is the resistance of the channel.

🔍We should also consider:
🔹How US dollar index will be doing. If the weakening of last week continues, EURUSD will rise.
🔹If US dollar index gain momentum to the upside, EURUSD will continue to struggle to pick up.


🤗What do you think? Please comment below🤔


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Many wishes!
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