EURO - Price can drop to support level and then start to move up

6 hari lalu

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

Recently, price started to decline inside falling channel, where it reached support line firslty and then bounced up.

Price grew to the resistance line of the channel, which coincided with $1.0950 level, and then in a short time fell back to support line.

Next, Euro made an upward impulse, thereby exiting from channel, and also soon broke $1.0950 level.

After this, price rose a little and then made correction, after which coincided to move up inside pennant.

In the pennant pattern, the price broke $1.1320 level and later reached the resistance line, after which corrected.

Now, I think that the Euro can exit from pennant, fall to the support level, and then bounce up to $1.1510

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5 hari lalu

Dagangan aktif

YES! Price exited from the pennant and reached support level, now I think it can start to grow.

4 hari lalu

Dagangan ditutup secara manual

Euro continued to fall. It even broke support level and now trades in support area. So, I closed this trade.