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WalterMoon
Apr 7, 2024 1:04 PM

EURO - Price can bounce up to $1.0900, breaking resistance line Long

EUR/USDOANDA

Description

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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 trades in flat, where it some time decliend to support area, after which it started to grow.

Price left flat, and then reached $1.0935 level and even entered to resistance area, where EUR little time traded.

After this, Euro broke $1.0935 level and fell below, after which price rose to this level again and made downward impulse.

Euro fell to support line, breaking $1.0820 level, but soon it turned around and made upward impulse to resistance line.

Also, price broke $1.0820 level again, and reached resistance line, but recently it fell and then started to rise.

In my mind, Euro can little decline and then bounce up to $1.0900, breaking resistance line.

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