EURO - Price can break resistance level and continue to grow
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
After price declined to $1.0965 level, it entered to flat, after which bounced and made downward impulse to $1.0765 level.
Thereby Euro broke resistance level with resistance area, but soon price continued to fall and broke $1.0765 level too.
Declined below support level price entered to rising channel and at a short time backed up higher of $1.0765 level.
But price don't stop, and soon made upward impulse to resistance area, where it continue to trade to this day.
Possibly Euro can bounce up, break resistance level and make retest, but also it can continue to grow to $1.1050 without retest.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price declined to $1.0965 level, it entered to flat, after which bounced and made downward impulse to $1.0765 level.
Thereby Euro broke resistance level with resistance area, but soon price continued to fall and broke $1.0765 level too.
Declined below support level price entered to rising channel and at a short time backed up higher of $1.0765 level.
But price don't stop, and soon made upward impulse to resistance area, where it continue to trade to this day.
Possibly Euro can bounce up, break resistance level and make retest, but also it can continue to grow to $1.1050 without retest.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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