EURO - Price can break support level and drop to $1.0370 points

16 feb

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

Some time ago price started to grow inside a rising channel, where it soon broke $1.0255 level and continued to grow.

Then it made a correction and after this continued to move up and soon reached $1.0490 level and broke it.

After this, Euro started to decline and exited from a channel, breaking $1.0490 level too, after which continued to fall.

Price made a strong gap and dropped to support line of wedge, after which started to grow and later made another gap.

Next, EUR bounced up from support line of wedge and in a short time rose to $1.0490 level and broke it.

Now, it trades close this level and I think it can break $1.0490 level and continue to decline to $1.0370

If this post is useful to you, you can support me with like/boost and advice in comments❤️

17 feb

Trade attivo

Great, price started to decline. For this case, I think it will continue to decline next and reach my target!

18 feb

Trade chiuso: obiettivo raggiunto

GOOD! Euro continued to decline and this is so great! I think it will soon reach my target. 👌