EURO - Price can reach resistance area and then continue to fall

3 天前

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

Some days ago price started to decline inside falling channel, where it first fell to $1.0590 level and broke it.

Then price made retes and some time traded near this level, after which fell to $1.0385 level, and then bounced up.

Price made a gap and then reached $1.0590 level, after which it some time traded close to this level and then continued to fall.

EUR fell to $1.0385 - $1.0350 area and then tried to grow, but failed and dropped to support line of channel.

Thereby price broke $1.0385 level also and a not long time ago it turned around and started to grow from support line.

In my mind, Euro can grow to resistance area and then continue to fall to $1.0190 in channel.

If this post is useful to you, you can support me with like/boost and advice in comments❤️