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EURUSD Rejection of most recent 1HR channel
EURUSD
, 60
Long
EURUSD: EURUSD Rejection of most recent 1HR channel

- EURUSD seems to have broken bearish trend on August 4th. - Has since created a bullish channel on the 1 hour chart. - As of 11th August market close, price hit the bottom of the channel (1.09444) and proceeded to move sideways until 15 minute bearish channel was broken. - RSI suggests EU is currently slightly over sold - Moving averages have been edging...

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