Euro can fall to support line and try to exit from pennant

Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to rise in an upward channel, where it first reached the support line and then rebounded up to the 1.0670 support level, which coincided with the buyer zone. Later Euro broke this level and reached the resistance line of the channel, but in a short time price corrected to the 1.0670 level. Next, the price rebounded from this level and rose to the resistance level, which coincided with the seller zone, but at once it bounced down and some time rising below it. A few moments ago Euro entered to seller zone, breaking the 1.0965 level, but soon price around down and made a downward impulse, thereby breaking the resistance level again and exiting from the upward channel. After this, the price entered to pennant, where it tried to break the resistance level again, but a not long time ago Euro fell back and now it trades near the resistance line of the upward pennant. So, in my mind, the Euro can reach the resistance line and then rebound down the lower support line, thereby exiting from the pennant. Also, I think the price can continue to fall, therefore I set up my target at the 1.0775 level. Please share this idea with your friends and click Boost 🚀