EURUSD might rise to the resistance of the channel
EURUSD is pulling up from the support of the falling channel. I expect price to rise towards 1.17029 which is the resistance of the channel.
🔍We should also consider:
🔹How US dollar index will be doing. If the weakening of last week continues, EURUSD will rise.
🔹If US dollar index gain momentum to the upside, EURUSD will continue to struggle to pick up.
🤗What do you think? Please comment below🤔
Please support this idea with a like👍
Many wishes!
🔍We should also consider:
🔹How US dollar index will be doing. If the weakening of last week continues, EURUSD will rise.
🔹If US dollar index gain momentum to the upside, EURUSD will continue to struggle to pick up.
🤗What do you think? Please comment below🤔
Please support this idea with a like👍
Many wishes!