WalterMoon

EURO - Price can exit from triangle and continue to move up

Giá lên
OANDA:EURUSD   Euro / Đô la Mỹ
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Recently price started to grow in a rising channel, where it broke the resistance level, which coincided with resistance area.

But when EUR rose to resistance line of channel, it bounced and started to decline to $1.1010 level, exiting from channel.

Also, price entered to triangle, where it broke $1.1010 level and fell to support area, which coincided with support level.

Next, Euro some time traded near this level and a not long time ago price bounced up from $1.0920 support level to resistance line.

At the moment, Euro trades very close to this line and I think that price can break this line and continue to move up to $1.1010

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