Euro / Dolar A.S.
Panjang

EURUSD: return to the channel and growth in trend

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A large TF shows how the price movement has been developing since July 2020. We can note a repetitive movement: an impulse for growth, movement in a channel between the main price levels - an impulse for growth. In early December, the price just entered the channel between the 1.232 levels. and 1.197. But recently it broke through the lower level and touched the 1.187 level. Judging by the price (correction) behavior, it is ready to return to the channel. We can expect its growth to the level of 1.207.
SL - 1.177.

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