Euro can rebound from resistance line and fall to 1.0725 level

Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price recently entered to downward channel, where it rebounded from the resistance line and in a short time fell to the 1.0835 resistance level, which coincided with the seller zone. After this price some time traded between this level and later rose from the support line to the resistance line of the downward channel and then turned around and declined until to the support level, which coincided with the buyer zone, thereby breaking the 1.0835 level and exiting from the downward channel. Then Euro bounced from the support level and started to rise in an upward channel, where it first rose to the resistance line and then made a downward impulse to the support line, breaking the 1.0725 level, but soon it backed up. After this movement, EUR continued to rise in the channel and a not long time ago price approached to resistance line of the resistance line of the upward channel. So, in my mind, the Euro can rise to this line and even higher to the resistance level and then start to decline to the 1.0725 support level, where I set my target. Please share this idea with your friends and click Boost 🚀