EURO - Price can fall to support line of channel and bounce up

1月8日

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

A few moments ago price declined inside wedge, where it broke $1.0770 level and declined to $1.0335 level.

Then price turned around and bounced up, making a gap and exited from wedge, after which continued to fall in channel.

Inside falling channel, Euro rose to resistance line first and then bounced and dropped to $1.0335 level.

After this movement, price some time traded near this level inside resistance area and even later fell to support line of channel.

Euro tried to back, but when it entered to resistance area, it at once turned around and fell back.

Now, I think that Euro can fall to support line of channel and then bounce up to $1.0450, breaking resistance level.

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