EURO - Price can bounce from support line of wedge to $1.1045

16 Mac

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

Some time ago, the price declined to the $1.0475 level and broke it, after which it declined to $1.0360 points.

Then price turned around and started to grow inside the wedge, where it soon reached $1.0475 level and broke it again.

Next, Euro made a retest, after breakout and then continued to move up, and later it reached $1.0835 level.

Price has some time traded below this level, and then it broke it and reached the resistance line of wedge.

After this, EUR long time traded near $1.0835 level and not long time ago it bounced and started to grow.

In my mind, Euro can bounce from the support line and then rise to $1.1045 resistance line of the wedge pattern.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

17 Mac

Dagangan aktif

Ok! Price declined to support line of wedge. So, in my mind, It can turn around an start to grow to my target.

18 Mac

Dagangan ditutup: sasaran tercapai

Euro didn't rose to resistance line of wedge, but it continued to move up near support line. For this case, I think that EUR can later finally reaches my target.