EURO - Price can reach resistance level and then bounce down
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
A few moments ago price broke $1.0410 level and started to trades inside flat, where it at once fell to $1.0250 level.
Then Euro bounced up from this level and rose to resistance area, after which turned around and started to decline.
In a short time, price fell to $1.0180 points, thereby exiting from flat and then started to grow in rising channel.
Inside channel, price broke $1.0250 level, rose a little, and then made a small correction to support line.
Next, Euro rose to $1.0530 points, thereby breaking resistance level and making a gap, but soon fell to $1.0350 points.
Price exited from channel, so, now I think it will make move to resistance level and then fall to $1.0250 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price broke $1.0410 level and started to trades inside flat, where it at once fell to $1.0250 level.
Then Euro bounced up from this level and rose to resistance area, after which turned around and started to decline.
In a short time, price fell to $1.0180 points, thereby exiting from flat and then started to grow in rising channel.
Inside channel, price broke $1.0250 level, rose a little, and then made a small correction to support line.
Next, Euro rose to $1.0530 points, thereby breaking resistance level and making a gap, but soon fell to $1.0350 points.
Price exited from channel, so, now I think it will make move to resistance level and then fall to $1.0250 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
WOW! This gap was crazy! The first target was be reached. Now price traded below $1.0250 level, so, I think it can make a small move up and then continue to decline to my new target, which is located at the $1.0100 points.
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đź’Ž 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.