EURO - Price may make a movement up and then drop

4 hari lalu

Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

A few days ago price traded between $1.0870 level inside a flat, where it after fell to bottom part and made an upward impulse.

Price exited from flat, breaking $1.0870 level too, and then made a correction, after which continued to grow.

Later, Euro reached $1.1425 level, breaking recently $1.1155 level recently, and soon price broke $1.1425 level too.

Next, price started to traded inside pennant, where it dropped from resistance line to support line, breaking $1.1425 level again.

Euro fell to support line, after which started to grow and in a short time, rose to resistance line.

Now, I think that Euro may make a movement up and then start to decline to $1.1235 support line of pennant.

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3 hari lalu

Dagangan aktif

Good! We can see that price started to decline. So, I expect it will continue to decline and reach my target.