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EURO – Price can make correction to support level and start grow

  • admin
  • March 16, 2023
  • 1 minute read
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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 wedgeEuro 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

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