#EURUSD
At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance.
Now we see the beginning of the upward movement from the support 1.2177.
I expect an update of the peak 1.23496 and further growth towards strong resistance
At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance.
Now we see the beginning of the upward movement from the support 1.2177.
I expect an update of the peak 1.23496 and further growth towards strong resistance