EURO - Price can make correction and then bounce up
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
After price bounced from resistance area, it fell to next level, which coincided with one more area and soon bounce back.
Next, Euro rose to resistance line and entered to wedge, where it declined below two levels, thereby breaking them.
Also, price exited from wedge, bounced up, and started to grow inside rising channel.
In channel, price rose higher of $1.0760 level, and a few time later reached resistance area with level.
Then Euro tried to move up, breaking resistance level, but recently fell back and now trades below it.
In my mind, Euro can make correction and then bounce up to $1.1000, thereby breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced from resistance area, it fell to next level, which coincided with one more area and soon bounce back.
Next, Euro rose to resistance line and entered to wedge, where it declined below two levels, thereby breaking them.
Also, price exited from wedge, bounced up, and started to grow inside rising channel.
In channel, price rose higher of $1.0760 level, and a few time later reached resistance area with level.
Then Euro tried to move up, breaking resistance level, but recently fell back and now trades below it.
In my mind, Euro can make correction and then bounce up to $1.1000, thereby breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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