EURO - Price can grow to resistance area and then continue fall

9 thg 10

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

Some days ago price fell to resistance area, but soon broke $1.1005 resistance level and entered to flat.

In flat, price in a short time rose to $1.1175 level, which coincided with one more resistance area.

Also, EUR entered to this area, but soon turned around and made correction movement to $1.1005 level.

Then price made upward impulse resistance area, which coincided with top part of flat, but soon started to decline.

Euro made fake breakout of $1.1175 level and fell near resistance line, exiting from flat and breaking $1.1005 level too.

In my mind, price can grow to resistance area and then it bounce down to $1.0850

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10 thg 10

Giao dịch đang hoạt động

Okay, price continues to decline near the resistance line. So, I think it can rise a little up and then continue to fall to my target.

11 thg 10

Giao dịch đang hoạt động

Great! Price rose a little, and now I think it can continue to move down to my target.