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WalterMoon
Jun 7, 2023 11:20 AM

EURO - Price can exit from triangle and then make retest 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

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❤️
Comments
KABHI_FOREX_TRADING
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Great buy enrty
ariskristianto14
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Good
linofx1
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upvoted my support
FXCM
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Great analysis. It worked out nicely!
TradingShot
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A rich with information post. Thank you!
HAMED_AZ
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Nice view
InvestingScope
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Very interesting view on the current price action.
TradingBrokersView
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Noted, let's see how it goes.
ArmanShabanTrading
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Impressive skills!
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