EURO - Price can continue to decline inside falling channel
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price started to grow inside rising channel, where it soon broke 2-nd ($1.1090) resistance level.
After this movement, price some time traded between resistance line of channel and with resistance area.
And last time it bounced from resistance line and broke $1.1090 level, thereby exiting from rising channel too.
Next, price continued to move down inside falling channel, where it broke 1-st ($1.0950) resistance level recently.
Now price continues to fall near resistance line of channel, and I think Euro can rise a little higher resistance line.
Then price will turn around and continue to fall to $1.0760 support line of falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price started to grow inside rising channel, where it soon broke 2-nd ($1.1090) resistance level.
After this movement, price some time traded between resistance line of channel and with resistance area.
And last time it bounced from resistance line and broke $1.1090 level, thereby exiting from rising channel too.
Next, price continued to move down inside falling channel, where it broke 1-st ($1.0950) resistance level recently.
Now price continues to fall near resistance line of channel, and I think Euro can rise a little higher resistance line.
Then price will turn around and continue to fall to $1.0760 support line of falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Dagangan aktif
Okay! Euro continues to decline inside falling channel, as I thought. So, I still waiting when it to fall to my target.Dagangan aktif
Euro continues to fall inside a falling channel, and I expect that soon it will drop to my target.
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.