EUR/USD 1H Bullish Channel

9 באפר׳ 2018

It's not perfect but it touches multiple points and after some sideways accumulation moves, charts are showing healthy growth.
Such a move has more chances to break the $418-$420 resistance which was rejected pretty strong on March 31 and April 4.

On Daily the RSI is close to 30 Oversold level so there is room to grow.

Unless a massive sell-out appears either here or on the BTC, I can see this one breaking the R with solid volume, retest and run smoothly to the next level which is $450-460.