Alexander_Harford

EUR/USD ๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ to test the Upward channel's Resistance!

Long
FX:EURUSD   Euro / U.S. Dollar
EUR/USD ๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ is rising in the Upward channel. The Elliot impulse wave is still on the rise and the golden cross suggest it will continue in the short-term. The Volume spike suggest the price is going to stay above the channel's midline. However , we shall be careful here as the RSI and ROT indicates that the price is lying in the overbought zone , thus the possible pullback from the channel's support can follow.

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