Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
After price started to rise inside rising channel, it rose and soon broke $1.0535 support level, which coincided with support area.
Later, Euro reached resistance line of channel, made correction, and then rose to $1.0640 resistance level.
Euro exited from channel, reached resistance line, and at once fell below $1.0640 level to support line.
Next, price declined to support level, and after this it made upward impulse to $1.0640 level, breaking resistance line.
But recently, Euro fell to support level, thereby making fake breakout of resistance level, and now trades close.
In my mind, price can rise a little more and then bounce down to $1.0485, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price started to rise inside rising channel, it rose and soon broke $1.0535 support level, which coincided with support area.
Later, Euro reached resistance line of channel, made correction, and then rose to $1.0640 resistance level.
Euro exited from channel, reached resistance line, and at once fell below $1.0640 level to support line.
Next, price declined to support level, and after this it made upward impulse to $1.0640 level, breaking resistance line.
But recently, Euro fell to support level, thereby making fake breakout of resistance level, and now trades close.
In my mind, price can rise a little more and then bounce down to $1.0485, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter