WalterMoon

EURO - Price bounced down of resistance line and left wedge

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š

A few days ago price bounced up from $1.0730 to $1.1025 levels and started trades inside from wedge.

Inside wedge price declined to $1.0535 level which coincide with support area and then bounced up.

After Euro bounced up from support area it left wedge and sometimes trades near mirror line.

Recently price reached $1.0760 level and fell back to support area and started trades inside wedge again.

In my mind Euro can bounce down of resistance line and start to decline to $1.0565 level, thereby leaving wedge.

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