EURO - Price can make correction and then bounce up
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Bounced up from support area, price start to rise close support line and reached $1.1095 point.
Also, Euro entered to pennant, but price started to decline and soon fell to area, thereby exiting from pennant.
Later price broke support level and fell to support line, close to which Euro started to decline.
Price even made fake breakout, but soon continue to fall and a few time later Euro declined below $1.0710 level.
But recently Euro entered to rising channel and rose higher of this level.
Now price continues to trade inside channel and in my mind, Euro can make a little correction and then bounce up to $1.0830 point.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bounced up from support area, price start to rise close support line and reached $1.1095 point.
Also, Euro entered to pennant, but price started to decline and soon fell to area, thereby exiting from pennant.
Later price broke support level and fell to support line, close to which Euro started to decline.
Price even made fake breakout, but soon continue to fall and a few time later Euro declined below $1.0710 level.
But recently Euro entered to rising channel and rose higher of this level.
Now price continues to trade inside channel and in my mind, Euro can make a little correction and then bounce up to $1.0830 point.
If this post is useful to you, you can support me with like/boost and advice in comments❤️