EURO - Price can bounce up from support line to $1.1070

OANDA:EURUSD   Euro / U.S. Dollar
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

A few time ago price bounced from support area, which coincide with $1.0850 support level, and rose to resistance line.

After this movement, Euro started to fall near this line and declined to $1.0850 level.

Then price made strong upward impulse to resistance line of pennant, thereby breaking $1.1120 resistance level.

Later price started to decline to $1.1120 level, which is located inside resistance zone, and then continue to fall to support line.

Also then Euro reached support line a few time ago rose resistance line, but at once fell back and now trades near support line.

Possibly Euro can rise to resistance line again, break it, exiting from pennant, and continue to rise to $1.1070

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉
🔥 VIP Signals Prices and Conditions👉

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.