WalterMoon

EURO - Price can bounce down from resistance line to $1.0640

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

When price broke $1.0720 support level, which coincided with support area, it declined below and some time traded there.

After this, Euro made upward impulse higher than $1.0720 level, breaking it again and then price started to grow in rising channel.

In channel, EUR reached resistance level and at once made correction to support line of channel, but soon rose back.

Euro tried to grow higher but failed and started to decline in falling channel, where it continues to trades near resistance line to this time.

Possibly, Euro can bounce from this line and start to decline to $1.0640 support line of channel, breaking support level.

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