EURO - Price will continue to grow inside rising channel
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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsRecently, price entered to rising channel, where it soon reached the support level, which coincided with the support area.
After this movement, the price broke this level, but soon turned around and corrected the support line of the channel.
Next, EUR went back to $1.1365 level and broke it again, after which it made a retest and continued to move up.
In a short time, EUR rose to the resistance line of the channel, made a correction, and then grew to $1.1700 support level.
Price broke this level too and reached the resistance line of the channel, but not long ago corrected.
At the moment, I expect that the Euro can correct to the support line of the channel and then rise to $1.1900
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Great! Price little declined to support area, breaking support level. Now I expect that Euro can start to grow in channel.