FX.co ★ EUR/USD

Hello traders! After the release of positive employment data in America (16:30) and increased volatility thereafter, it makes sense to sell EUR/USD now! The price has been moving upwards in an ascending channel for a month, and it has currently touched its upper boundary once again with a probable bearish reversal candle on the H4 timeframe. Since ascending channels are mostly broken downwards, it is appropriate to prepare for reasonable sales in the medium term and wait for the first touch of the lower boundary of the channel, and then its breakout! Good luck to everyone!