EURUSD: is it possible to talk about breaking the trend?
At the beginning of the month, the price broke through the support line - the border of the falling channel - 1.187. This channel was formed at the beginning of the year and the price has followed it all these months. Can we now talk about a trend reversal and the beginning of strong growth? I think that in the near future the price will rise to the resistance level of 1.208. but it will not be able to break through and after touching it will again fall at the 1.195 support level.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.