WalterMoon

EURO - Price can turn around and bounce down to $1.0770 level

שורט
OANDA:EURUSD   יורו / דולר אמריקאי
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Some time ago price started to decline near support line, but sometimes it rose to resistance zone, but soon continued to fall.

In a short time later, Euro even made fake breakout of support line, after which tried to rise but failed.

Price fell to $1.0700 points, after which it turned around and in a short time rose to $1.0905 level, breaking $1.0770 level.

After this, price broke $1.0905 level and rose a little more, but later started to decline in falling channel.

Euro declined until to support line of channel, breaking $1.0905 and simply support line, after which bounced up.

So, I think Euro can rise a little more, after which EUR will bounce down to $1.0770 support level.

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