Euro / U.S. Dollar
Short
Updated

EURO - Price can break support level and drop to $1.0370 points

4203
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š

Some time ago price started to grow inside a rising channel, where it soon broke $1.0255 level and continued to grow.

Then it made a correction and after this continued to move up and soon reached $1.0490 level and broke it.

After this, Euro started to decline and exited from a channel, breaking $1.0490 level too, after which continued to fall.

Price made a strong gap and dropped to support line of wedge, after which started to grow and later made another gap.

Next, EUR bounced up from support line of wedge and in a short time rose to $1.0490 level and broke it.

Now, it trades close this level and I think it can break $1.0490 level and continue to decline to $1.0370

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Great, price started to decline. For this case, I think it will continue to decline next and reach my target!
Trade closed: target reached
GOOD! Euro continued to decline and this is so great! I think it will soon reach my target. đź‘Ś

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