EURO - Price can fall to almost support line of rising channel
Aggiornato
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price declined inside falling channel, where it broke $1.1070 level and fell to almost support line.
Price turned around and started to grow, and in a short time, it left falling channel and started to grow in rising channel.
In this channel, Euro broke $1.1070 level one more time and rose a little more, after which made a correction.
After correction, the price bounced up to $1.1160 level and even entered to support area, where some time traded.
Then EUR fell back and repeated movement up, breaking $1.1160 level and rose a little more than the support area.
Now, I think that the price can rise a little more and then start to decline to $1.1120, breaking the support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price declined inside falling channel, where it broke $1.1070 level and fell to almost support line.
Price turned around and started to grow, and in a short time, it left falling channel and started to grow in rising channel.
In this channel, Euro broke $1.1070 level one more time and rose a little more, after which made a correction.
After correction, the price bounced up to $1.1160 level and even entered to support area, where some time traded.
Then EUR fell back and repeated movement up, breaking $1.1160 level and rose a little more than the support area.
Now, I think that the price can rise a little more and then start to decline to $1.1120, breaking the support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade attivo
Great! Price declined below a support level, breaking it, but did not reach my target and rose to $1.1160. I think it can bounce from this level and start to decline to my target.
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