EURO - After retest price can bounce up to resistance level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few times ago price bounced from support line and started trading inside in rising channel.
Inside in channel price made fake breakout and after bounced up to $1.1030 level.
Then Euro fell to $1.0670 level, thereby broke support line, and started trades inside of wedge.
Also, price broke support level and declined to $1.0540 support line.
As well recently Euro exited of wedge and made retest.
At the moment price trades near support line and I think Euro can bounce up to resistance level.
After this, price can break this level and maybe continue to rise to $1.0765 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few times ago price bounced from support line and started trading inside in rising channel.
Inside in channel price made fake breakout and after bounced up to $1.1030 level.
Then Euro fell to $1.0670 level, thereby broke support line, and started trades inside of wedge.
Also, price broke support level and declined to $1.0540 support line.
As well recently Euro exited of wedge and made retest.
At the moment price trades near support line and I think Euro can bounce up to resistance level.
After this, price can break this level and maybe continue to rise to $1.0765 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️