EURO - Price can bounce up from support zone to $1.0430 points

Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

A few days ago price traded inside flat, where it made a gap and then fell to $1.0470 level, after which started to grow.

Then Euro exited from flat and started to decline inside pennant, where it bounced from resistance line to $1.0470 level.

Price some time traded near this level and then broke it, after which fell to $1.0350 level and then started to grow.

In a short time, price rose to resistance line of pennant, after which bounced from it and fell to $1.0350 level.

Now, Euro traded near this level and I think that it can fall to support zone and some time trades inside.

After this, price can turn around and start to grow to $1.0430 resistance line of pennant.

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Trade active

Nice! Price fell to the support area and now I think it can start to move up to the resistance line of the pennant.

Trade closed manually

Euro continued to fall, so I close this trade.

WalterMoon

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WalterMoon

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