Euro can make downward impulse to 1.0875 level from pennant

Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level, which coincided with the buyer zone, and in a short time rose to the resistance level. Then the price started to decline in a downward channel, where the EUR declined to 1.0725 points, thereby breaking the 1.0875 level. After this, the price rebounded from the support line and in a short time rose back to the 1.0875 level, exiting from the channel. Later price broke the support level and continued to move up to the 1.1010 resistance level, which coincided with the seller zone. But firstly, the Euro rebounded and corrected, after which it made a strong upward impulse to the resistance line, thereby forming an upward pennant pattern and breaking the resistance level. Then price bounced from this line and soon declined to the support line, breaking the 1.1010 level one more time. And now, the price continues to trades very close to this line, and possibly Euro can bounce from the support line to the resistance line and then make an impulse down to the support level, thereby exiting from the pennant pattern. So, that's why I set my target at the 1.0875 level. Please share this idea with your friends and click Boost 🚀