Description
â‹… Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price entered to falling channel, where it at once bounced from resistance area to support line.
After this movement, EUR soon backed up to this area and some time traded in, after which price fell back.
Next, Euro rose to resistance line, and then bounced down to support line of channel, finally breaking $1.0890 level.
In a short time later, price exited from channel, broke $1.0780 level too, and fell to support line of pennant.
Soon, price bounced from this line and rose to support area, where it continues to trades near $1.0780 level.
Possibly, Euro can little decline, after which rise to support area and then price bounce down to $1.0715, exiting from pennant also.
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