Michael_Winner

Euro has broken out of the channel and can continue to rise

做多
OANDA:EURGBP   欧元/英镑
Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of EUR/GBP.
I draw your attention to the graph where we can see how the price traded inside of Downward Channel.
Then price exited upward from channel and made retest of support line.
At this movement price bounced from support line and I expect that price can continue to grow.
That's why I set two targets for Euro.
I see the first target at the level of 0.8640, the second target will be at the level 0.8700

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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