EURO - Price can leave wedge and fall to support level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price rose higher than $1.1000 level but soon declined back, after which turned around and started to grow in channel.
Inside channel, price broke $1.1000 level and reached later $1.1105 level, which broke soon too.
After this, price reached resistance line of channel and then corrected $1.1105 level, exiting from rising channel.
Next Euro bounced up to $1.12015 points and started to decline inside wedge, where it in a short time fell.
Also, price broke $1.1105 level one more time and a not long time ago it EUR started to grow near support line.
So, I think that Euro can reach resistance level and then bounce down to $1.1000 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price rose higher than $1.1000 level but soon declined back, after which turned around and started to grow in channel.
Inside channel, price broke $1.1000 level and reached later $1.1105 level, which broke soon too.
After this, price reached resistance line of channel and then corrected $1.1105 level, exiting from rising channel.
Next Euro bounced up to $1.12015 points and started to decline inside wedge, where it in a short time fell.
Also, price broke $1.1105 level one more time and a not long time ago it EUR started to grow near support line.
So, I think that Euro can reach resistance level and then bounce down to $1.1000 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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