WalterMoon

EURO - Price can exit from triangle and then make retest

Long
OANDA:EURUSD   Euro / U.S. Dollar
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Declined below support area to support line, price entered to wedge, in which it made upward impulse to resistance line.

Next, Euro fell to support line, but soon bounced up and made fake breakout.

After this price started to decline and later exited from wedge and entered to falling channel.

Inside from channel Euro declined below support level with area and fell below next support level.

But recently price bounced up, leaving channel and starting trades inside from triangle.

Now Euro trades close resistance line and in my mind price can break it and make retest.

Also then price can continue to move up to $1.0810 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.