Euro / U.S. Dollar
Long

DeGRAM | EURUSD ascending channel in a consolidation zone

552
EURUSD made higher highs and higher lows. It is trading in the ascending channel.

The market is still consolidating on the higher chart.

Price is near the confluence level: support, fibo level, and pinbar.

We expect a retest on the channel border.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.