Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price broke support line, it started trades inside a big falling channel and declined to support area.
Inside channel Euro tried to rise, but failed, and after channel price started to rise.
Reaching $1.0760 point, price fell to support area and made strong upward impulse to $1.0930 level.
As well Euro broke $1.0780 level and now trades close to resistance line inside pennant.
Possibly price can bounce down of resistance line and start to decline.
Also, Euro can exit from pennant, try to break support level, and decline to $1.0705
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price broke support line, it started trades inside a big falling channel and declined to support area.
Inside channel Euro tried to rise, but failed, and after channel price started to rise.
Reaching $1.0760 point, price fell to support area and made strong upward impulse to $1.0930 level.
As well Euro broke $1.0780 level and now trades close to resistance line inside pennant.
Possibly price can bounce down of resistance line and start to decline.
Also, Euro can exit from pennant, try to break support level, and decline to $1.0705
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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Disclaimer
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.
💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
Disclaimer
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.