EURO - Price can bounce down from resistance line to $1.0800

Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Recently price traded near support level, which coincided with support area, but soon it declined below to support line of pennant.

After this, EUR in a short time rose back, thereby making fake breakout of $1.0775 level and later it made upward impulse.

Price reached resistance level, which coincided with resistance area, and at once made correction, after which continued to grow.

Euro in a short time rose to resistance line of pennant, but later it bounced and made downward impulse to support line.

Also, price broke $1.1000 level, and now EUR trades very near to resistance line of pennant.

I think, Euro can rise ot resistance line and then bounce down to $1.0800, exiting from pennant.

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