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WalterMoon
Mar 30, 2024 2:10 PM

EURO - Pirce can bounce down from resistance level to $1.0740 Short

EUR/USDOANDA

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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š

Recently price entered to falling channel, where firstly declined to $1.0940 resistance level, which coincided with resistance area.

Some time later, Euro broke this level and fell below, but then it rose to resistance area and then made downward impulse.

Price declined to support line of channel and then in a short time rose to $1.0940 level, after which fell back.

Euro declined to $1.0810 level, which coincided with one more resistance area and some time traded near this level.

A not long time ago price broke $1.0810 level and fell below, after which started to trades near resistance area.

Possibly Euro can reach resistance level and then decline to $1.0740 support line of channel.

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