The currency pair EUR USD bounced off the fifth time from the downtrend line, which began May 3rd. The candle on the hourly chart, which has just closed the points to win the supply and therefore it seems that the direction of the south may be the right choice today.
The confirmation may be here also closing under the support which is the lower limit of the ascending channel. However, if the price returns over the trend line and closes significantly above it, perhaps it turns out that this is not the time to return to the downward trend.
Test account with a broker binary options uTrader! Click here to invest
Binary options broker uTrader offers a return. If you win your account will increase by a percentage of the invested amount. If you lose, regardless of the size of the defeat, you never lose more than you bet.
