Our pair has been trading for a long time in the corridor. For two weeks it had found levels of support and resistance on the levels of 1.2755 and 1.2890
However, yesterday the dollar went on the offensive and overcame the upper boundary of the channel.
At the moment, we assume that the pair will continue the upward movement to the next resistance level drawn on the chart. Therefore, we advise you to occupy long positions and consider the resistance levels as your goals.
However, yesterday the dollar went on the offensive and overcame the upper boundary of the channel.
At the moment, we assume that the pair will continue the upward movement to the next resistance level drawn on the chart. Therefore, we advise you to occupy long positions and consider the resistance levels as your goals.