EURO - Price can bounce up from support line to $1.0825 level
Updated
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently, price started to decline inside falling channel, where it some time traded near $1.0955 level and then broke it.
Next, price fell to support line of channel, after which bounced up to resistance line and then continued to decline.
Some time later price declined to $1.0825 level and then bounced up to resistance line of channel.
But after this, price turned around and then bounced down, thereby breaking $1.0825 level and entering to resistance area.
EUR tried to rise, but failed and continued to decline inside falling channel, and recently reached support line.
Now, I think that price can correct a little and then bounce up to $1.0825 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently, price started to decline inside falling channel, where it some time traded near $1.0955 level and then broke it.
Next, price fell to support line of channel, after which bounced up to resistance line and then continued to decline.
Some time later price declined to $1.0825 level and then bounced up to resistance line of channel.
But after this, price turned around and then bounced down, thereby breaking $1.0825 level and entering to resistance area.
EUR tried to rise, but failed and continued to decline inside falling channel, and recently reached support line.
Now, I think that price can correct a little and then bounce up to $1.0825 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Cool! Euro almost reached resistance line of channel, so, I keep waiting when it will grow to my target.Trade closed: target reached
Great! Euro reached my target!
💎 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.