EURO - Price can reach support level and then bounce to $1.0930
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price entered to rising channel, it first fell to support area, which is located at $1.0855 level.
After this, Euro bounced and made upward impulse to resistance line of channel, which coincided with resistance level.
Next, price corrected to support line, and then Euro in a short time rose higher than $1.0965 level.
But soon, price around down and started to decline to support line of channel, thereby breaking $1.0965 level again.
Also recently, Euro exited from channel and fell lower, so, the possibly price can reach support level and then bounce up to $1.0930
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price entered to rising channel, it first fell to support area, which is located at $1.0855 level.
After this, Euro bounced and made upward impulse to resistance line of channel, which coincided with resistance level.
Next, price corrected to support line, and then Euro in a short time rose higher than $1.0965 level.
But soon, price around down and started to decline to support line of channel, thereby breaking $1.0965 level again.
Also recently, Euro exited from channel and fell lower, so, the possibly price can reach support level and then bounce up to $1.0930
If this post is useful to you, you can support me with like/boost and advice in comments❤️