Euro can rebound up to 1.0860 points, breaking resistance level

Hello traders, I want share with you my opinion about Euro. If we look at the chart, we can see how the price some days ago started to trades in a downward channel, where it first rebounded from the support line and rose to the 1.0940 resistance level, which coincided with the seller zone. Soon, the price broke this level, and some time traded in the seller zone, but later EUR declined below, after which backed up to this zone. But soon, the price turned around and made a downward impulse to the current resistance level, which coincided with the resistance area. Then price rebounded from this level and rose to the past level, which coincided with the resistance line of the channel, after which turned around and made a downward impulse again to support line of the channel, thereby breaking the 1.0835 level. In a short time, prices rose higher than this level, but recently fell back and even lower resistance area. At the moment, I think that the Euro can decline a little more, after which the price rebounds up to 1.0860 points, thereby breaking the resistance level inside the downward channel. Please share this idea with your friends and click Boost 🚀