EUR/USD hourly chart shows a drop to 1.1760 is likely

EUR/USD is moving in an ascending channel in the hourly chart.
The range is defined within the channel support and resistance.
Currently, price has reversed from the Upper trend line of the channel.

So, a drop to the channel support is likely now.

This could be a possible trade signal based on the hourly chart
Sell@1.1812-1.1825 SL:1.1860 , TP: 1.1760

עסקה סגורה: היעד הושג:

Reached 1.1760