EURO - Price can make correction movement again and start grow

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

When price started to decline in falling channel, it fell to support line, breaking $1.0900 $1.0780 levels.

But soon, EUR made upward impulse from this line to $1.0900 level, breaking $1.0780 level again, exiting from channel.

Next, price broke $1.0900 level too, and started to grow in rising channel, where it reached resistance line, breaking $1.1020 level.

After this, Euro rebounded and made strong downward impulse to $1.0900 level, breaking resistance level again.

Then price started to trades near support line and now it continues trades close, so I think Euro can break this line.

Also then price can decline a little, turn around, and start to move up to $1.1020 resistance level.

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Bình luận:

Euro finally broke the support line and now trades very close to this line. For this case, I think Euro can really rise to a resistance level, therefore my target stays this level.