EURUSD Bulls Defend Channel Support
EURUSD continues to respect the channel that has guided price action throughout July, keeping the broader bullish structure intact.
After rejecting the lower boundary of the channel, buyers stepped back into the market and defended trend support once again.
The recent pullback appears corrective rather than impulsive, suggesting the pair may be preparing for another move toward the upper boundary of the channel.
As long as price remains above the channel support, the bias remains positive.
Main Targets:
1.1445
1.1475
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
EURUSD continues to respect the channel that has guided price action throughout July, keeping the broader bullish structure intact.
After rejecting the lower boundary of the channel, buyers stepped back into the market and defended trend support once again.
The recent pullback appears corrective rather than impulsive, suggesting the pair may be preparing for another move toward the upper boundary of the channel.
As long as price remains above the channel support, the bias remains positive.
Main Targets:
1.1445
1.1475
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.