EUR/USD at monthly resistance level

💡Hello traders,
Hope you all have a fantastic day !

I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.

EUR/USD has been bullish for last couple of weeks. However, pair now faces resistance line of descending channel on 1 month chart. Moving average (100) is right there with this resistance line and also should help stopping EUR bulls.

Let us know what you think about this idea.

Trade safe !