RLinda ! EURUSD-> Price is renewing its highs. Growth continues

١١ نوفمبر ٢٠٢٢

EURUSD demonstrates active growth. Since Monday, during the week, the price strengthened by 2.8%, which is a tangible movement for forex.


[I](Chart 1. Global chart showing the change in the trend of the main pair EURUSD)

On the chart, we can see a breakdown of the resistance of the ascending channel, which hints that the upside movement might accelerate.

I assume that after the price fixes above the broken level of 1.01977, we might see an active rally to the resistance of 1.0357, and in the mid-term to the zone of 1.04488.

Sincerely R. Linda!