EURO - Price can little grow and then continue fall in channel
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
A few moments ago price entered to wedge, where it at once bounced from resistance line and fell to support line.
Then price bounced up from this line and rose higher than $1.0900 level, after which reached resistance line of wedge.
Next, EUR corrected, after which continued to move up inside wedge and later price exited from this pattern.
After this, price entered to falling channel, where it at once rose higher than $1.1155 level, but soon broke it again.
Euro continued to decline inside falling channel until it reached support line, after which it recently bounced up.
Now, I think price can make a small movement up and then continue to decline to $1.0975 support line of channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price entered to wedge, where it at once bounced from resistance line and fell to support line.
Then price bounced up from this line and rose higher than $1.0900 level, after which reached resistance line of wedge.
Next, EUR corrected, after which continued to move up inside wedge and later price exited from this pattern.
After this, price entered to falling channel, where it at once rose higher than $1.1155 level, but soon broke it again.
Euro continued to decline inside falling channel until it reached support line, after which it recently bounced up.
Now, I think price can make a small movement up and then continue to decline to $1.0975 support line of channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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