EURO - Price can bounce of resistance area and start to fall

[skrimon]

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

When the price started inside from the rising channel, it broke $1.0830 level and reached $1.0925 point.

But then Euro started to decline and fell below support level, thereby exiting of channel.

Then price entered to triangle, where it started to grow, backed up, and reached $1.0975 point.

Next Euro bounced down, exited from triangle, and declined to support level which coincide with support line.

After this price made upward impulse to resistance area, thereby breaking $1.1010 level.

And later Euro declined to support line, but a not long time ago backed up and now trades close to area.

Possibly price bounce down from area, broke support level, and fall below support line to $1.0955

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[manzp]

Market was a bit crazy today. I think you may be correct with your prediction but only time will tell