WalterMoon

EURO - After exiting from wedge, price can break support level

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 comments👊

When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat.

In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout.

After this, price made upward impulse to $1.1000 level, exiting from flat and then starting to trades in wedge.

Inside wedge Euro broke $1.1000 level and later reached resistance line, but recently it bounced down and exited from wedge.

Now Euro trades near support area, and I think that Euro can fall to support level, and maybe try to break this level.

After which, EUR can make retest and then continue to fall to $1.0910 level.

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