EURO - Price can make small movement up and then bounce down

6월 18일

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

A not long time ago price entered to flat, where it at once bounced up to $1.0890 level from $1.0770 level.

Then it turned around and little declined, after which price some time traded in flat and then made upward impulse.

Price exited from flat, and then declined lower $1.0890 level, after which it tried to rise, but failed.

Euro made a fake breakout of $1.0890 level and continued to decline inside pennant, where it later broke $1.0770 level too.

At the moment, price rising near support line of pennant, and I think it can make small movement up first.

After this, Euro can bounce down, thereby exiting from pennant and continuing to fall to $1.0660

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