EURO - Price can start to decline to $1.0655 support level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level.
Price tried to back up, but failed and continued to decline to support line of falling channel.
Then price bounced up to almost resistance level, thereby exiting from channel, after which it some time traded close $1.0870 level.
Later Euro made downward impulse from resistance line lower than $1.0655 level, after which in a short time broke it again.
After this, EUR reached resistance line and soon broke it too, after which made retest and continues to grow.
Now, I think that Euro can make a small movement up and then it will decline to $1.0655 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level.
Price tried to back up, but failed and continued to decline to support line of falling channel.
Then price bounced up to almost resistance level, thereby exiting from channel, after which it some time traded close $1.0870 level.
Later Euro made downward impulse from resistance line lower than $1.0655 level, after which in a short time broke it again.
After this, EUR reached resistance line and soon broke it too, after which made retest and continues to grow.
Now, I think that Euro can make a small movement up and then it will decline to $1.0655 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️