Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level.
Price tried to back up, but failed and continued to decline to support line of falling channel.
Then price bounced up to almost resistance level, thereby exiting from channel, after which it some time traded close $1.0870 level.
Later Euro made downward impulse from resistance line lower than $1.0655 level, after which in a short time broke it again.
After this, EUR reached resistance line and soon broke it too, after which made retest and continues to grow.
Now, I think that Euro can make a small movement up and then it will decline to $1.0655 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level.
Price tried to back up, but failed and continued to decline to support line of falling channel.
Then price bounced up to almost resistance level, thereby exiting from channel, after which it some time traded close $1.0870 level.
Later Euro made downward impulse from resistance line lower than $1.0655 level, after which in a short time broke it again.
After this, EUR reached resistance line and soon broke it too, after which made retest and continues to grow.
Now, I think that Euro can make a small movement up and then it will decline to $1.0655 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.