Euro can bounce down from resistance level to support line

Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a few time ago bounced from the seller zone and reached the resistance line of the pennant. After this Euro started to decline and in a short time it broke the 1.0750 resistance level. Then price made a downward impulse until to support level, which coincided with the buyer zone. Next, the price fell below to support line of the pennant, but at once rebounded and made an upward impulse higher of 1.0500 level and the resistance line of the pennant, thereby exiting from it. After this price started to rise inside the upward channel, where it first made a correction to the support level and later rose until to the 1.0750 resistance level. But a not long time ago it rolled down from this level and now the Euro trades near. So maybe, the price can rise to the resistance level and then rebound down to the support line of the upward channel. For this case, I set up my target at this line - 1.0560. Please share this idea with your friends and click Boost 🚀