Euro / Dollar Australien
Long

EURAUD in the CHANNEL

1218
For several years now, the price has been forming a good channel. And only in February of this year it showed strong growth and came out of it. Then a virus created the situation. Now the price has returned to the channel and I think it is not going to exit from there yet. Now the price is just at the support line - the lower level of the channel, and therefore now I expect a rise to the resistance line - the upper border of the channel.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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