EURO - Price can bounce up from support level to $1.0650

3 дня назад

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

A few moments ago price declined inside falling channel, where it fell from resistance line to $1.0765 level.

Then price rose to resistance line of channel, making first gap and then making a downward impulse, exiting from channel.

Also then, EUR continued to decline inside a downward pennant, where it broke $1.0765 level and later fell to $1.0470 level.

Next, price declined to support line of pennant, after which made a second gap and rose to resistance line of pennant,

After this, Euro declined to $1.0470 level and some time traded near, but now it trades close support line.

Possible, price can fall to support level, exiting from pennant and then bounce up to $1.0650

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