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savvyacademy

EURUSD To Challenge 1.2250

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
savvyacademy Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Support and Resistance Parallel Channel EURUSD eurusdlong
2
0
supportandresistance parallelchannel eurusd eurusdlong
With previous bear break down of the weekly channel, EURUSD has found good support and is back with previous trading range. This bullish outlook may face resistance 1.2250 before considering 1.25.
A steep plunge below 1.17 may expose 1.14 for support.
Trade closed: target reached:
Price hit target of 1.2250 on 25 May.

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