EURO - Price can make retest, after exiting, and continue grow
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it reached $1.1080 level and broke it.
Then price some time rising in channel, until it reached resistance line, after which price started to decline.
In a short time, EUR exited from rising channel and continued to decline inside wedge, where it soo broke $1.1080 level.
Later, price fell to support line of wedge and then tried to grow, but failed and continued to decline.
After this, Euro broke $1.0905 level and fell to support line, but recently price bounced up, thereby exiting from wedge.
Now, I think that price can make a retest and then bounce up to $1.0940, thereby breaking resistance level.
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 rising channel, where it reached $1.1080 level and broke it.
Then price some time rising in channel, until it reached resistance line, after which price started to decline.
In a short time, EUR exited from rising channel and continued to decline inside wedge, where it soo broke $1.1080 level.
Later, price fell to support line of wedge and then tried to grow, but failed and continued to decline.
After this, Euro broke $1.0905 level and fell to support line, but recently price bounced up, thereby exiting from wedge.
Now, I think that price can make a retest and then bounce up to $1.0940, thereby breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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