EURO - Price can break support level and fall to $1.0655

Apr 18, 2023
EURO - Price can break support level and fall to $1.0655.png
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments

Inside big rising channel, price broke $1.0895 level and reached resistance area.

After this Euro made correction below support level, but at ounce backed up.

Then price made fake breakout to support line and later bounced up to resistance line in area.

Next, price left rising channel and started to decline inside from wedge, where it broke $1.0895 level and fell to next support level.

Now Euro trades close to this level and possibly price can make movement to resistance line.

And then price can bounce down to $1.0655 support line, thereby breaking support level.

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