Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price started to trades in rising channel, where it first broke $1.0600 support level and fell below support area.
Soon price backed up and even rose to resistance line of channel, breaking $1.0600 level again.
But then Euro fell back, some time traded below this level, and then made strong upward impulse to resistance level.
Thereby price exited from channel and later it broke $1.0860 level, which coincided with support area.
Also, Euro started to trades in flat, where it continues to trades to this day and I think that price can reach top part of flat.
After this, price can start to decline to $1.0830 support area, thereby 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 started to trades in rising channel, where it first broke $1.0600 support level and fell below support area.
Soon price backed up and even rose to resistance line of channel, breaking $1.0600 level again.
But then Euro fell back, some time traded below this level, and then made strong upward impulse to resistance level.
Thereby price exited from channel and later it broke $1.0860 level, which coincided with support area.
Also, Euro started to trades in flat, where it continues to trades to this day and I think that price can reach top part of flat.
After this, price can start to decline to $1.0830 support area, thereby 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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.