Euro can exit from pennant and decline to 1.0880

Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to trades in the range, where firstly it reached the top part, but then the price in a short time declined to the 1.0810 support level, which coincided with the buyer zone. After this, the price rebounded from this level and tried to back up, but failed and declined to the buyer zone and even lower, thereby exiting from the range and breaking the 1.0810 support level. Then Euro entered to upward pennant, where it at once rebounded from the support line and started to move up. In a short time price rose higher than the 1.0810 level, breaking it one more time, and later made a correction to support line of the pennant. Next, the EUR rebounded from this line and soon rose to the current support level, which coincided with the seller zone. Soon, the price broke this level and rose to the resistance line of the pennant, but a not long time ago it turned around and fell back to zone, where the Euro continues to trades very close to the 1.0920 level. I think that the Euro can bounce to the resistance line of the pennant, after which it turns around and rebounds down, thereby breaking the 1.0920 level and exiting from the pennant pattern. For this reason, I set my target at the 1.0880 level. Please share this idea with your friends and click Boost 🚀