Euro / U.S. Dollar
Short
Updated

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

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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Some time ago, price entered a falling channel, where it broke through $1.1310 level at once, but soon broke it again.

Price traded near this level for some time, after which it reached resistance line and continued to decline.

Then price broke $1.1310 level and dropped to $1.1065 level, after which it turned around and started to grow within the channel.

In the rising channel, Euro broke $1.1140 level and continued to grow, but later made a correction to this level.

After this, price continued to grow and later broke $1.1310 level, then rose to the resistance line of the channel.

I expect that Euro will rise to resistance line and then start to decline to the $1.1310 support level.

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