WalterMoon

EURO - Price can bounce up from support level to resistance line

Long
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👊

Recently price entered to wedge, where it at once bounced from support line and little rose, but then started to decline.

Price fell to resistance area, after which bounced up to resistance line of wedge and then in a short time declined to support line.

Also, price broke $1.0845 level, but later EUR rose to resistance area again, exiting from wedge, and some time traded in.

Then Euro made downward impulse from resistance area lower support area, after which turned around and started to rise in channel.

Inside channel, price broke $1.0670 level and later rose to resistance line, but recently bounced and fell.

In my mind, Euro can decline to support level and then bounce up to $1.0765

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