EURO - Price can correct and then continue move up in channel

semalam

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

Recently, price entered to triangle, where it at once made an upward impulse from support line to resistance line.

Price broke $1.1070 with $1.1430 levels, after which turned around and started to decline, breaking $1.1430 level again.

Next, price exited from triangle and started to grow inside rising channel, where it rose near support line long time.

Later it reached $1.1430 level one more time and soon broke it again, after which made retest and continued to grow.

But when it reached resistance line of channel, it made correction movement to support area and then bounced up.

Now, I think that Euro can fall to support line and then continue to move up inside rising channel to $1.1800

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5 jam lalu

Dagangan aktif

Good! Price reached resistance line of channel, now I think it will make small correction and then continue to grow to my target.