FOREX MARKET ANALYTICSEURO - Price can leave flat, make retest and continue to rise
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments on TradingView (link above)
A few moments ago price fell to support line and started trades to close it.
Then Euro bounced up from support line to $1.0930 point, thereby breaking $1.0835 level and making correction.
After correction price bounced up again to next level, but at once backed up to support level.
Also, Euro broke support line and entered to triangle, where price finally broke $1.0970
Later, price exited from triangle and started trades in flat, and not long time ago Euro made fake breakout.
But now price continues trades inside flat and in my mind, Euro can bounce up again, leave flat and make retest.
As well after leaving flat Euro at once can continue to grow to $1.1140 level.
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