Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined in falling channel, where it reached $1.0900 level and at once continued to fall.
Later price tried to back up, but failed and declined to support level, which coincided with support area.
Also soon, Euro fell below this level and then it turned around, exited from falling channel, and started to grow in rising channel.
In this channel, EUR broke $1.0750 level and even later broke $1.0900 level too, after which rose to resistance line.
Recently price declined below this level, but soon backed up and now Euro trades in resistance area.
I think that Euro can fall to support line and then continue to rise in rising channel to $1.0900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price declined in falling channel, where it reached $1.0900 level and at once continued to fall.
Later price tried to back up, but failed and declined to support level, which coincided with support area.
Also soon, Euro fell below this level and then it turned around, exited from falling channel, and started to grow in rising channel.
In this channel, EUR broke $1.0750 level and even later broke $1.0900 level too, after which rose to resistance line.
Recently price declined below this level, but soon backed up and now Euro trades in resistance area.
I think that Euro can fall to support line and then continue to rise in rising channel to $1.0900
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
đź’Ž 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
đź’Ž 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.