EUR USD - Two possible channels

Yesterday the price moved back into the previous sideways channel, but still hangs on inside the down channel.

A break upwards from the down channel should be a good place to buy. And likewise a break back out of the sideways channel is a good place to sell.

We can only stay within one of these channels. So it is best to see which one before committing to a large position.

We have had some fun and some profits yesterday and last week. But here comes the time for some serious lots.