EURO - Inside of channel price can bounce to $1.0700 level
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price traded inside of flat, but after a fake breakout, it bounced up to $1.1030 level.
Then price declined sharply and start moving inside from downward channel.
As well Euro broke support level of $1.0840 and fell to $1.0615 level.
Not time long ago price broke $1.0615 level too and declined to support line in channel.
At the moment Euro is located very close to this level and I think price can break it.
And next, price maybe can make retest or not and continue to move up to the $1.0700 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price traded inside of flat, but after a fake breakout, it bounced up to $1.1030 level.
Then price declined sharply and start moving inside from downward channel.
As well Euro broke support level of $1.0840 and fell to $1.0615 level.
Not time long ago price broke $1.0615 level too and declined to support line in channel.
At the moment Euro is located very close to this level and I think price can break it.
And next, price maybe can make retest or not and continue to move up to the $1.0700 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️