Euro / U.S. Dollar
Short

EURO - Price can rise a little more and then start to decline

272
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.

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