EURUSD daily chart moves within a clear rising channel while the lower edge of the channel is forming support and the top edge of the channel resistance.
I believe that the strengthening signs of the dollar will lead to reaching the bottom edge of the rising channel, but only hints from the FOMC meeting will ultimately lead to a decision whether to break or support.
The dollar is the most important currency for Forex traders. You can track my dollar technical analysis with economic analysis daily.
Andy
I believe that the strengthening signs of the dollar will lead to reaching the bottom edge of the rising channel, but only hints from the FOMC meeting will ultimately lead to a decision whether to break or support.
The dollar is the most important currency for Forex traders. You can track my dollar technical analysis with economic analysis daily.
Andy