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MarcellusLUX
Jun 14, 2021 9:23 AM

EUR/USD bounces from channel support, can reach 1.2180 again Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD's downtrend has come to a halt near the minor channel support.

We have seem some bullish price action at this level in the smaller time frames.
If the bears are unable to break below the support line, there is good chance
that a pullback to the channel resistance can occur again.

Currently holding a buy from 1.21 level with target at the 1.2180 level. Stop losses
below the channel support line.
Comments
YMGroup
The best TA on TradingView
MarcellusLUX
@YMGroup, Thanks a lot buddy :)
MMBTtrader
i think more fall is coming
MarcellusLUX
@MMBTtrader, In the long-term, I agree with you bro :)
FlyDownX
Same view here, can’t wait!
MarcellusLUX
@FlyDownX, Let's go mate :)
Babenski
good channel
MarcellusLUX
@Babenski, Yes, the price channel seems to be working :)
Investroy
Same chart over here, let’s fly it up💸
MarcellusLUX
@Investroy, Perfect, saw your set-up :)
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