EURO - Price can start to move up and exit from triangle
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Recently price little declined from $1.0890 resistance level, but soon EUR backed up and even rose higher.
But soon, price broke this level and entered to flat, where it some time traded and later rose to $1.0890 level.
After this, price started to trades in triangle, where it declined from resistance line to support line, exiting from flat.
Later, Euro started to rise near support line and soon reached $1.0785 level, which coincided with support area.
In a short time price broke it and at the moment, EUR trades very close to this level, and in my mind, price can little correct.
Then Euro can start rise to $1.0840 points, thereby exiting from triangle and breaking $1.0785 level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price little declined from $1.0890 resistance level, but soon EUR backed up and even rose higher.
But soon, price broke this level and entered to flat, where it some time traded and later rose to $1.0890 level.
After this, price started to trades in triangle, where it declined from resistance line to support line, exiting from flat.
Later, Euro started to rise near support line and soon reached $1.0785 level, which coincided with support area.
In a short time price broke it and at the moment, EUR trades very close to this level, and in my mind, price can little correct.
Then Euro can start rise to $1.0840 points, thereby exiting from triangle and breaking $1.0785 level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️