EURO - Price can break resistance line and rise to $1.0750
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price started to trades in flat, where it soon rose to top part, but at once bounced down.
In a short time, EUR declined to resistance area, which coincided with bottom part of flat with $1.0810 level.
Soon, price exited from flat, breaking $1.0810 level too and a little decline, but later Euro tried to back up.
Price failed, broke $1.0810 level one more time and in a short time declined to support area, breaking $1.0630 level.
But recently, price exited from this area, making fake breakout, and rose to resistance line, where now continues to trades.
Possibly, Euro can decline to support level, after which bounce up to $1.0750, breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price started to trades in flat, where it soon rose to top part, but at once bounced down.
In a short time, EUR declined to resistance area, which coincided with bottom part of flat with $1.0810 level.
Soon, price exited from flat, breaking $1.0810 level too and a little decline, but later Euro tried to back up.
Price failed, broke $1.0810 level one more time and in a short time declined to support area, breaking $1.0630 level.
But recently, price exited from this area, making fake breakout, and rose to resistance line, where now continues to trades.
Possibly, Euro can decline to support level, after which bounce up to $1.0750, breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️