EURO - Price can break support level and fall to $1.0980 points
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to falling channel, where it at once rose to resistance line and then continued to fall.
In a short time, price declined to $1.1135 level, broke it, and then fell to support line, which coincided with $1.1040 level.
Next, price bounced and tried to grow, but soon fell to support area, after which continued to move up.
EUR rose to resistance level, which coincided with resistance line of channel, and made downward impulse.
Price fell lower than $1.1040 level, breaking it and some time traded in support area, but recently EUR broke it again.
Now, I think price can make small movement up and then fall to $1.0980 support line of channel, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price entered to falling channel, where it at once rose to resistance line and then continued to fall.
In a short time, price declined to $1.1135 level, broke it, and then fell to support line, which coincided with $1.1040 level.
Next, price bounced and tried to grow, but soon fell to support area, after which continued to move up.
EUR rose to resistance level, which coincided with resistance line of channel, and made downward impulse.
Price fell lower than $1.1040 level, breaking it and some time traded in support area, but recently EUR broke it again.
Now, I think price can make small movement up and then fall to $1.0980 support line of channel, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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