EURO - Price can make small move up and then bounce down in flat

8 Sep 2024

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

Recently price traded between $1.1120 level, which coincided with resistance area and later made upward impulse.

After this, EUR started to decline inside falling channel, where it fell lower $1.1120 level, breaking it.

Next, price exited from channel and started to trades in flat, where it fell to bottom part and even made a fake breakout.

Then Euro turned around and in a short time rose to the top part of flat, which coincided with resistance level.

But a not long time ago price bounced down and I think that EUR can make a small move up and then fall to $1.1045 level.

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

9 Sep 2024

Dagangan aktif

Euro fell like I said yesterday, even exited from flat and breaking support level. Now it trades very near to this level, for this case, I think that EUR can rise a little higher than $1.1045 level and then continue to decline to $1.0990:

10 Sep 2024

Dagangan aktif

Nice! Euro moved like I said, and now it trades very close to $1.1045 level again. For this moment, I expect that EUR can repeat movement up and then bounce down to my past target - $1.0990: