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WalterMoon
Mar 26, 2024 1:52 PM

EURO - Price can turn around and bounce down to $1.0770 level Short

EUR/USDOANDA

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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š

Some time ago price started to decline near support line, but sometimes it rose to resistance zone, but soon continued to fall.

In a short time later, Euro even made fake breakout of support line, after which tried to rise but failed.

Price fell to $1.0700 points, after which it turned around and in a short time rose to $1.0905 level, breaking $1.0770 level.

After this, price broke $1.0905 level and rose a little more, but later started to decline in falling channel.

Euro declined until to support line of channel, breaking $1.0905 and simply support line, after which bounced up.

So, I think Euro can rise a little more, after which EUR will bounce down to $1.0770 support level.

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