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EURO - Price will exit from pennant and then make correction

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

Some days ago price reached $1.0950 level and then made a correction movement, after which started to grow in a pennant.

Price made an upward impulse from support line of pennant and broke $1.0950 level, after which made a retest.

Then price continued to move up and reached $1.1300 level, and soon broke it too, and then made a correction movement.

After this, price rose to resistance line of pennant and then started to decline and soon broke $1.1300 level again.

But later it boucned from support line and backed up, and even now it trades very close to resistance line.

In my mind, Euro can rise a little, thereby exiting from pennant and then make a correction to $1.1300 level.

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İşlem aktif
Ok! Price exited from pennant and rose a little more, so now I expect price will make correction movement.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.