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Guapeva

EURUSD -> Approaching super strong support

Long
Euro / U.S. Dollar (FX:EURUSD)  
Guapeva  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
Expecting a turning here EURUSD pair. After hitting 61.8% of Fibonacci in monthly time frame, we saw a breakout of the parallel channel. Now above the support of the parallel channel and 50% FIbonacci level support, We can expect a rejection to the upside.

Monthly and weekly Stochastic are oversold and RSI looking bullish.
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