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Forexintelligence_NA
Oct 18, 2021 3:57 AM

EURUSD might rise to the resistance of the channel Long

Euro Fx/U.S. DollarFXCM

Description

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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