EURO - After movement up, price will drop to support line

dün

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

Recently price started to grow inside a rising channel, where it some time traded below the support area and soon bounced up.

Price broke $1.1455 level and rose to the resistance line of the channel, after which it turned around and made correction movement.

Next, price some time traded near $1.1455 level and then bounced and continued to move up inside the channel.

In a short time Euro rose to $1.1700 level, which coincided with a support area, and some time trades between this level.

Then the price broke this level and continued to move up, until it almost reached the resistance line of the channel and started to fall.

Now, I think the Euro can rise a little and then continue to fall to $1.1610 support line of the channel, breaking $1.1700 level.

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16 dakika önce

İşlem aktif

Nice! Price started to decline, now it will make small move up and then continue to decline to my target (support line of channel).