Euro / Dollar AS
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EURUSD Bulls Defend Channel Support

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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! 🍀

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