EURO - Price can fall to support level and then bounce up

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 flat, where it at once reached resistance area and then dropped to $1.0345 level.

Later, price turned back to flat and reached resistance area again, making a gap, after which corrected.

Then price rose to resistance area again and then dropped to support line, exiting from flat and then bouncing up.

Soon, Euro declined to support line back, breaking $1.0345 level again, but soon rose back and started to trades in a wedge.

In wedge, price corrected to support line and later rose to resistance line, breaking $1.0345 level.

Now it trades close to support line and I think EUR can fall a little and then bounce up to $1.0560

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

Trade active

Okay, price continued to trades near the support line of the wedge. For this case, I think it will continue to move up in wedge to my target.

Trade closed manually

Euro exited from wedge and almost fell to the support level, so, I close this trade.

WalterMoon

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WalterMoon

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