Euro / U.S. Dollar
Long

EURUSD: growth in the channel as a correction to the global fall

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As we said yesterday, the price fell to the 1.176 support zone and has already shown a slight increase from this zone. The very support is the line of the falling channel, which has been preserved since the beginning of this year. It is also crossed by the support level, which gives the price additional growth. However, this growth in any case is only a correction to the main downtrend. We can expect the price to come to the resistance at 1.191.
SL - 1.168.

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