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EUR/USD Daily Channel - Potential Future Moves

Long
Euro / Dollar Américain (FX:EURUSD)  
yanivelbaz  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Support and Resistance Supply and Demand
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trendanalysis supportandresistance supplyanddemand
EUR/USD has reached the top of the daily channel, with RSI 14 touching 70 and potential turning down. The daily candle so far is showing indecision. The higher time frames (weekly, monthly) suggest that buyers are coming in, but first the currency pair needs to break out of the channel. If the channel holds, price may find support around 1.10 (dotted line), before trying breach the channel again. Next demand level around 1.1370-1.14.
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