Description
â‹… Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price entered to falling channel, where it first broke resistance level and fell to $1.0775 points.
After this, price tried to rise, but failed and declined lower, after which EUR turned around and started to grow in rising channel.
In this channel, price made fake breakout of $1.0840 level, and then declined lower support line.
Next, price started to trades in wedge, exiting from rising channel, where EUR rose higher $1.0840 level again.
But then Euro turned around and made downward impulse to support line of wedge, breaking $1.0840 and $1.0700 levels.
Recently price rose to resistance line and I expect that Euro can break this line, after which it bounce down to $1.0575
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