EURUSD is in an upward channel, Support for a long is at 1.36200 , if this level is broken would look to buy bottom of channel.
Comments
Chartreader
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Agree. We should look for buying opportunity on the market open as PA is positive.
YR
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Nice Channel,but the question is? does the Pair will violate the upper boundary of the Channel?. I'm agree that 1.36 is very important for pair and never broken down such level to continue in upward move.
fxtrader66
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If the pair breaks the upper channel, would look to buy on the back test of former resistance on signs of support.