WalterMoon

EURO - Price can rise a little and then bounce down to $1.0725

Short
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 not long time ago price declined to resistance area, and then bounced up, after which made downward impulse.

Price declined lower $1.0790 and $1.0650 levels, thereby breaking them, after which it started to rise in channel.

Soon, price broke $1.0650 level, which coincided with support level, made retest, and continued to move up.

But soon, price turned around and corrected to support level, after which bounced up to resistance level.

Euro tried to break this level, but failed and declined a little, after which in a short time backed up and finally broke it.

Now, I think Euro can reach resistance line of channel and then bounce down to $1.0725, breaking support level.

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