EURUSD keeps its bullish momentum and is now trading in the upward channel that intersects with the trendline.

X Horizontal range turned into upward channel
X Trendline intact
X Bullish momentum remains
X Channel interacts with trendline>>>
X High chance the pair moves like shown with arrows>>>
X Long in buy area
X Trendline+channel broken=trend over!

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Chart PatternsdollarEUReuroEURUSDForexTechnical IndicatorsParallel ChanneltrendTrend AnalysisUSDDJ FXCM Index

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