EURO - Price can correct to support line and make upward impulse
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level.
Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it.
After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level.
But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time.
Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line.
Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level.
Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it.
After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level.
But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time.
Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line.
Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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.