EURO - Price can break support level and continue to decline
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to flat, where it in a short time declined to $1.0810 level, after which bounced up.
Then price corrected $1.0810 level again and then rose almost to top part of flat, but then it started to fall.
Euro in a short time declined lower than $1.0810 level, breaking it and also exiting from flat, after which continued to decline.
Price at once rose to resistance line, after which it quickly fell to support level, which coincided with support area.
Next, EUR tried to grow but failed and fell back to $1.0690 level, where at the moment continues to trades near.
In my mind, price can make small movement up and then break support level and fall to $1.0600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price entered to flat, where it in a short time declined to $1.0810 level, after which bounced up.
Then price corrected $1.0810 level again and then rose almost to top part of flat, but then it started to fall.
Euro in a short time declined lower than $1.0810 level, breaking it and also exiting from flat, after which continued to decline.
Price at once rose to resistance line, after which it quickly fell to support level, which coincided with support area.
Next, EUR tried to grow but failed and fell back to $1.0690 level, where at the moment continues to trades near.
In my mind, price can make small movement up and then break support level and fall to $1.0600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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