EURO - Price can break support level and decline to $1.0840
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
A few moments ago price entered to wedge, and bounced from support line to $1.0910 level, and started to decline.
In a short time price declined to support line, breaking $1.0740 level, and even made a fake breakout of support line from wedge.
Next, Euro exited from wedge and started to grow inside pennant, where it made first gap and broke $1.0740 level.
Then price rose to resistance line, forming a second gap and breaking $1.0910 level, but soon turned around.
Euro in a short time declined to support line of pennant, after which made upward impulse and now trades in resistance area.
Possible, price can rise a little and then break support level and fall to $1.0840
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price entered to wedge, and bounced from support line to $1.0910 level, and started to decline.
In a short time price declined to support line, breaking $1.0740 level, and even made a fake breakout of support line from wedge.
Next, Euro exited from wedge and started to grow inside pennant, where it made first gap and broke $1.0740 level.
Then price rose to resistance line, forming a second gap and breaking $1.0910 level, but soon turned around.
Euro in a short time declined to support line of pennant, after which made upward impulse and now trades in resistance area.
Possible, price can rise a little and then break support level and fall to $1.0840
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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