Euro / Dolar A.S.
Singkat

EURO - Price can continue to decline in falling channel

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

Not long ago, price entered to pennant, where it at once made an impulse up and broke $1.0820 level.

Then price rose to resistance line of a pennant and then corrected to support area, where it later reached the support line.

Next, Euro made an upward impulse, thereby exiting from the pennant pattern and breaking $1.0820 level again.

Price made a small correction and then rose higher than $1.1270 level, breaking it, but later started fall in falling channel.

In channel, Euro broke $1.1270 level one more time and fell to support line, after which rose almost to this level.

Now, I expect that price can rise to the resistance line and then continue to fall in a falling channel to $1.0960

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