WalterMoon

EURO - Price can correct to support level and then start to grow

Long
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👊

Recently price declined in falling channel, where it fell to support line and then bounced up to resistance line.

After this, Euro exited from channel, entered to wedge, and made downward impulse to $1.0735 level.

Then price tried to rise, but failed and declined to support line of wedge, but soon EUR made upward impulse, making fake breakout.

When price a little rose, it made correction to support line and then continued to move up to $1.0915 level.

Soon, price broke this level, and rose to resistance line, but a not long time ago fell back to support level and now trades near.

Possibly, Euro can bounce from support line and rise to $1.0980 resistance line of wedge again.

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