EURO - Price can bounce up from support area to $1.1100

8월 15일

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

Recently price declined inside falling channel and fell to support level and even lower support area.

After this movement, Euro turned around, entered to wedge, and made a strong upward impulse, leaving falling channel.

Also, price broke $1.0810 level and later reached next support level, but soon turned around and started to fall.

In a short time, EUR fell to support line of wedge, after which bounced up to $1.0990 level and broke it.

Then price made retest and rose to resistance line of wedge, but recently fell to support area.

Now, I think that Euro can bounce up from support area to $1.1100, exiting from wedge pattern.

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