UnknownUnicorn31132676

EURUSD Short Pull Back

Short
OANDA:EURUSD   Euro / U.S. Dollar
EN:
We have a downtrend channel where the chart has been going down inside, and an uptrend channel that is attempting to break through resistance and approaching the trend line, so we may see a pullback at the resistance and trendline junction point because both are acting as strong resistance.

FR:
Nous avons un canal de tendance baissière où le graphique a baissé à l'intérieur, et un canal de tendance haussière qui tente de franchir la résistance et s'approche de la ligne de tendance, nous pouvons donc voir un recul au point de jonction de la résistance et de la ligne de tendance car les deux agissent comme forts la résistance.
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