Samson-FX

EURUSD increased sharply in the new week

Samson-FX Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello friends

Currently, the upward trend that started last week is still going strong. At the time of writing, EURUSD is trading at 1.057 with no signs of breaking out of the trend.

It is expected that the price will continue to maintain the upward trend, fluctuating between 1.055 (the lower limit of the rising price channel) and 1.062 (the upper limit of the rising price channel). As long as there is no breakout from the current trend, the upward momentum will remain stable.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.