EURO - Price can leave wedge and fall to support level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Recently price rose higher than $1.1000 level but soon declined back, after which turned around and started to grow in channel.
Inside channel, price broke $1.1000 level and reached later $1.1105 level, which broke soon too.
After this, price reached resistance line of channel and then corrected $1.1105 level, exiting from rising channel.
Next Euro bounced up to $1.12015 points and started to decline inside wedge, where it in a short time fell.
Also, price broke $1.1105 level one more time and a not long time ago it EUR started to grow near support line.
So, I think that Euro can reach resistance level and then bounce down to $1.1000 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price rose higher than $1.1000 level but soon declined back, after which turned around and started to grow in channel.
Inside channel, price broke $1.1000 level and reached later $1.1105 level, which broke soon too.
After this, price reached resistance line of channel and then corrected $1.1105 level, exiting from rising channel.
Next Euro bounced up to $1.12015 points and started to decline inside wedge, where it in a short time fell.
Also, price broke $1.1105 level one more time and a not long time ago it EUR started to grow near support line.
So, I think that Euro can reach resistance level and then bounce down to $1.1000 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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