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EURO-DOLLAR IN THE CHANNEL|STRUCTURE UPDATE

Long
Euro / U.S. Dollar (FX:EURUSD)  
ProSignalsFx  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Parallel Channel Technical Indicators EURUSD euro EUR USD dollar DJ FXCM Index trend Forex
4
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trendanalysis chartpattern parallelchannel indicator eurusd euro eur usd dollar usdollar trend forex
EURUSD keeps its bullish momentum and is now trading in the upward channel that intersects with the trendline.

X Horizontal range turned into upward channel
X Trendline intact
X Bullish momentum remains
X Channel interacts with trendline>>>
X High chance the pair moves like shown with arrows>>>
X Long in buy area
X Trendline+channel broken=trend over!

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