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EURO - Price can start to rise from support level to $1.0740
Euro / U.S. Dollar
Long
EURO - Price can start to rise from support level to $1.0740
By WalterMoon
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May 1
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May 1
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
A not long time ago price broke $1.0840 level and continued to fall near resistance line to $1.0725 points.
Then EUR started to rise near support line to $1.0840 level, breaking resistance line.
When Euro reached $1.0840 level, price rose a little higher, but soon turned around and made downward impulse.
Price broke $1.0840 level with support line and declined to support area, which coincided with support level.
After this, price some time traded between this level and later Euro finally broke it, and even rose higher resistance line.
But recently price fell almsot to support level, so, I think Euro can bounce up from this level to $1.0740
If this post is useful to you, you can support me with like/boost and advice in comments❤️
euro
EURUSD
resistanceline
Support and Resistance
Trend Analysis
Trend Lines
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