RCtrader2
Long

EURUSD Long

FX:EURUSD   Euro / U.S. Dollar
The promise for a greater America than before might be broken this year. The EURUSD pair has developed an uptrend channel on the 4h/daily chart and might be developing a cup and handle pattern on the weekly chart. Trading switched once again to easy mode with clear entries for either shorts or longs.
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Trade active: The price reached the lower limit of the channel. It gives a good opportunity to go long.
Comment: The price exited the uptrend channel and might make a double bottom around 1.1190.

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