Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
After price bounced from $1.0940 point, it started trading inside from wedge and broke $1.0770 level.
Also, Euro declined to $1.0670 level and then tried to back up, but failed and fell lower to $1.0535
Later, price bounced up to $1.0690 level, thereby leaving wedge.
Then Euro bounced down to support level and tried rise to $1.0770 resistance level, but in $1.0750 started to fall.
Price declined back to support level and started moving inside rising channel.
Inside channel it broke $1.0770 level, making fake breakout but fell below this level.
Now, I think Euro can bounce down of resistance level and fall to $1.0620, thereby exiting channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced from $1.0940 point, it started trading inside from wedge and broke $1.0770 level.
Also, Euro declined to $1.0670 level and then tried to back up, but failed and fell lower to $1.0535
Later, price bounced up to $1.0690 level, thereby leaving wedge.
Then Euro bounced down to support level and tried rise to $1.0770 resistance level, but in $1.0750 started to fall.
Price declined back to support level and started moving inside rising channel.
Inside channel it broke $1.0770 level, making fake breakout but fell below this level.
Now, I think Euro can bounce down of resistance level and fall to $1.0620, thereby exiting channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔶 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
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.