EURO - Price can break support level and continue to move down

OANDA:EURUSD   Euro / U.S. Dollar
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

A few moments ago price started to decline and it entered to wedge, where it first fell to support line, breaking $1.0920 level.

After this, Euro soon backed up, breaking $1.0920 level again, and then reached resistance line of wedge.

Then price started to decline in falling channel, where it exited from wedge and even later broke $1.0920 level.

In channel, EUR declined until to $1.0770 support level, which is located in support area and recently it bounced up from it.

At the moment Euro trades near support area and possibly price can make a little movement up and then bounce down.

Also, Euro can break $1.0770 support level and continue to fall to the $1.0770 support line of channel.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉
🔥 VIP Signals Prices and Conditions👉

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.