Euro / U.S. Dollar
Long
Updated

EURO - Price can break resistance level and rise to $1.0500

2436
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Some days ago price started to trades inside a triangle, bouncing from $1.0450 level and dropping to $1.0275 level.

After this, price bounced from this level and rose to resistance line of triangle and then started to decline.

Price fell to $1.0175 support line of triangle and then in a short time rose to resistance line and exited from this pattern.

Next, Euro started to trades another one triangle, where it reached $1.0530 points and then dropped.

Euro made a strong gap and later rose back to resistance line of triangle, but recently it fell below $1.0450 level.

Possibly, price can fall to support line and then bounce up to $1.0500 resistance line of triangle.

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Trade active
Good! Price reached a resistance level and now trying to break it. In my mind,the price can do this and then continue to grow.

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