EURUSD is moving above the trend line within the descending channel.
After successfully consolidating in the channel, the price broke through the dynamic resistance, tested it, and now it acts as support.
The nearest resistance level coincides with the 50% retracement level of the last bearish impulse.
We think that the pair will grow after retesting and breaking the resistance.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
After successfully consolidating in the channel, the price broke through the dynamic resistance, tested it, and now it acts as support.
The nearest resistance level coincides with the 50% retracement level of the last bearish impulse.
We think that the pair will grow after retesting and breaking the resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex