EURO - Price can break support level and continue to move down

3月23日

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

Some time ago price reach and broke $1.0800 level and started to grow inside a rising channel pattern.

It reached the resistance level, bounced down, made correction to support and then rose up once again.

Euro touched $1.0920 level second time and turned around, after which exited from this rising channel.

Then price dropped fast and formed falling channel, breaking through $1.0920 level and reaching $1.0800 level.

After that it bounced up a little, but stayed inside the bearish channel without breaking resistance line.

Now price moves between support and resistance, but in my mind it can decline to $1.0715 support line.

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3月24日

交易進行

Wow! Euro first made a rise movement, but soon turned around and dropped to the support area. Now it is trying to break the support level, and when it this happens, I expect that the Euro will continue to decline inside a channel.