On April 24, 2024 2:43AM UTC
EURUSD
is moving in a rising channel as shown on the 4h chart
A breakdown below this channel would suggest a further decline to 1.0542 (first target) and 1.0402 (second target)
If using a sell stop order, one can place the stop loss right above the lower boundary of the rising channel.
A breakdown below this channel would suggest a further decline to 1.0542 (first target) and 1.0402 (second target)
If using a sell stop order, one can place the stop loss right above the lower boundary of the rising channel.