HelenP. I Euro can make a small movement down and then bounce up

Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago declined to resistance 2, which coincides with the resistance zone, and at once bounced and tried to rise. But it failed and then the Euro declined lower 1.1045 level, thereby breaking it and some time trading below. Later price rose to resistance 2 again, but at once rebounded down and entered to downward channel, in which the price fell to resistance 1, which coincided with one more resistance zone. After this movement, the price bounced from this level and tried to rise to the resistance line of the channel, but failed and continued to decline to the support line, thereby breaking the 1.0845 resistance level. Also recently price rebounded from the support line and now it continues to trade in a downward channel. I expect that the Euro can make a small movement down and then bounce up to the resistance line of the channel, breaking resistance 1. For this case, I set up my target at 1.0865, which coincides with the resistance line of the downward channel. If you like my analytics you may support me with your like/comment ❤️