Euro / U.S. Dollar
Long
Updated

EURO - Price can rise to top part of flat from support area

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

Some time ago, price entered to wedge, where it bounced from support line and rose to $1.0860 level, breaking $1.0470 level.

Then price broke $1.0860 level too, but then it made correction to support line of wedge and then made upward impulse.

Euro exited from wedge and continued to grow to $1.1260 level, after which broke this level and started to trades in flat.

Inside flat, price rose to top part of flat and then made correction to support area, where it some time traded close.

At the moment, Euro trades inside support area, near support level, so, I think that price can correct to $1.1260 level.

After this movement, in my mind, EUR can start to grow to $1.1570 top part of the flat.

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Trade active
Ok, price bounced from the support area and started to grow. So I continue watching closely for movement..

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