WalterMoon

EURO - Price can little correct and then continue to rise

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OANDA:EURUSD   ユーロ/米ドル
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Some days ago price declined in falling channel, where it reached $1.0900 level and at once continued to fall.

Later price tried to back up, but failed and declined to support level, which coincided with support area.

Also soon, Euro fell below this level and then it turned around, exited from falling channel, and started to grow in rising channel.

In this channel, EUR broke $1.0750 level and even later broke $1.0900 level too, after which rose to resistance line.

Recently price declined below this level, but soon backed up and now Euro trades in resistance area.

I think that Euro can fall to support line and then continue to rise in rising channel to $1.0900

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