EURUSD long term bulls are waking up

10 thg 7, 2019

This chart shows a possibility that EURUSD is testing the bottom of trend channel on weekly TF. We can also see that the blue support line at 1.1110 holded the test in the past few weeks, and the red resistance trend line has been broken and now holded as a support. These may indicate that the long-term bearish trend is loosing power, and bulls are taking over.