Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Some days ago price started to decline inside a falling channel, where it at once broke $1.0430 level.
In channel, price declined to $1.0250 level and then tried to grow, but failed and dropped lower $1.0250 level to $1.0175 points.
After this, price started to grow in rising channel, where it rose to $1.040 points, breaking two levels.
Then Euro exited from a rising channel and started to decline inside pennant, where it soon made a strong gap.
Next, price rose to resistance line of pennant, after which corrected, making a second gap and rose back.
Possible now, Euro can exit from pennant, rise almost to resistance level, and then fall to $1.0275
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price started to decline inside a falling channel, where it at once broke $1.0430 level.
In channel, price declined to $1.0250 level and then tried to grow, but failed and dropped lower $1.0250 level to $1.0175 points.
After this, price started to grow in rising channel, where it rose to $1.040 points, breaking two levels.
Then Euro exited from a rising channel and started to decline inside pennant, where it soon made a strong gap.
Next, price rose to resistance line of pennant, after which corrected, making a second gap and rose back.
Possible now, Euro can exit from pennant, rise almost to resistance level, and then fall to $1.0275
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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GREAT! Price reached resistance level, exiting from pennant. So, now I think it will start to decline, we'll see.
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Disclaimer
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