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

Hi guys, this is my overview for EURUSD , feel free to check it and write your feedback in comments👊

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❤️

The ability to analyze is a very important and influential factor in forex. As a trader, it is important to sharpen the ability to analyze in order to develop, so that later it can also analyze the market accurately and profitably with Tickmill broker.