EURO - Price can fall from support line of wedge to $1.1000
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where it at once broke $1.0735 level and some time traded in support zone.
Later EUR reached support line of channel and then bounced up to resistance line of channel, breaking $1.0735 level.
Also, price made a gap, after this, Euro exited from channel and entered to wedge, where it fell to support line at once.
After this, price made upward impulse from support line of wedge, higher than $1.0945 level, breaking it.
Price some time traded between this level and a not long time ago bounced up to resistance line of wedge.
Now, I think that Euro can rise to resistance line and then bounce down to $1.1000, exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price entered to rising channel, where it at once broke $1.0735 level and some time traded in support zone.
Later EUR reached support line of channel and then bounced up to resistance line of channel, breaking $1.0735 level.
Also, price made a gap, after this, Euro exited from channel and entered to wedge, where it fell to support line at once.
After this, price made upward impulse from support line of wedge, higher than $1.0945 level, breaking it.
Price some time traded between this level and a not long time ago bounced up to resistance line of wedge.
Now, I think that Euro can rise to resistance line and then bounce down to $1.1000, exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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