EURO - Price can make small move up and then continue fall
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price entered to rising channel, where firstly it broke support level, which coincided with support area.
Then, in a short time, price rose higher than $1.0670 level, breaking it again and then made correction.
After this, EUR continued to move up in channel and reached $1.0790 level, which soon broke too and exited from channel.
Next, price started to trades in flat, where it reached two times top part and the last time in made downward impulse.
Price exited from flat and broke $1.0790 level, but recently it turned around and start to move up.
Possibly, Euro can rise to almost resistance level and then continue to decline to $1.0670 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price entered to rising channel, where firstly it broke support level, which coincided with support area.
Then, in a short time, price rose higher than $1.0670 level, breaking it again and then made correction.
After this, EUR continued to move up in channel and reached $1.0790 level, which soon broke too and exited from channel.
Next, price started to trades in flat, where it reached two times top part and the last time in made downward impulse.
Price exited from flat and broke $1.0790 level, but recently it turned around and start to move up.
Possibly, Euro can rise to almost resistance level and then continue to decline to $1.0670 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️