EURO - Price can make correction to support level and start grow

skrimon

Well-known member
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Hi guys, this is my overview for EURUSD , feel free to check it and write your feedback in commentsđź‘Š

Recently price bounced from $1.0660 level to $1.0800 and started trades inside of wedge .

Inside of wedge Euro declined to $1.0530 level, left wedge , and started moving up in rising channel .

Also, inside from channel price tried to back up, but failed and made downward impulse to $1.0520

Next, Euro at once bounce up to resistance area and broke $1.0545 level.

Later price declined back and broke $1.0660 level and at the moment trades close to support level .

Possibly, Euro can make a little correction to support level and then start to grow to $1.0610

If this post is useful to you, you can support me with like and advice in comments❤️
 
Good analysis, seems the chart using the Tradingview platform, it is very good-looking in view, FXOpen is also already connected to the trading view. EURUSD in my view currently still in the flat condition from the chart MT4 timeframe M15. Recently the price of movement waiting for the breakout of the Bollinger band squeeze.

eurusd-m15-fxopen-investments-inc.png
 
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