EURO - Price will strart to grow and exit from wedge pattern

8 Haz

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

Price entered to wedge pattern and at once dropped below $1.1455 level, breaking it and then some time traded below.

It continued to decline and in a short time reached $1.1220 level and broke it, after which fell to support line.

Then price started to grow and soon broke $1.1220 level one more time, after which made a retest and continued to grow.

Euro rose to $1.1420 points and then corrected to support level, after which turned around and rose to resistance level.

Recently price reached resistance level, but then it bounced and started to decline, and now it continues to fall.

I think that Euro can decline a little more and then bounce up to $1.1550, exiting from wedge.

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9 Haz

İşlem aktif

Good! Price continues to move up! This is very great!

7 gün önce

İşlem kapandı: hedefe ulaştı

Nice! Price almost reached resistance line of wedge. I expect that it will exit from this pattern and continue to move up to my target.