EURUSD in Uptrend Channel.

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EURUSD is in uptrend channel and currently in a descending triangle formation from I expect a break to the downside to retest the uptrend line of this uptrend channel.

I plan to long on this uptrend line all the way to 1.18000, roughly 60 pips.

RSI and MACD are showing neutral signs, EMA's are in uptrend, both 4H and daily.

Good luck with this trade!
Tibor
Trade geschlossen: Ziel wurde erreicht
Target reached! +55 pips
Chart PatternsEUREURUSDeurusdlongForexforexanalysisforexsignalsforextradingSupport and ResistanceUSD

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