Hey traders,
EURUSD is trading in a global bearish trend.
The pair perfectly respects the boundaries of the falling parallel channel.
Now we see a local correctional movement, the price is steadily growing, respecting a minor rising trend line.
To catch the next bearish wave, patiently wait for its bearish breakout.
You need a daily candle close below that to confirm that.
Then, the price will most likely drop to 0.953 level - current low.
Alternatively, a bullish breakout of the resistance of the channel will initiate a strong bullish wave.
Good luck next week, traders.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅