Short

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

Hi folks today I'm prepared for you Euro analytics. A not long time ago price declined to 1.0980 resistance level, which coincide with the resistance zone. Soon euro broke this level and declined more, but later it rebounded and made an upward impulse to the trend line, thereby breaking the 1.0980 level again. After the price reached the trend line, it started to fall firstly it broke the 1.0980 resistance level and then fell to resistance 1, which coincided with the resistance zone too. Then the price rebounded from the 1.0875 level to the trend line, but after the price touched this line it bounced and declined to a lower 1.0875 level. But soon, Euo bounced, started to rise, and in a short time rose to 1.0930 point, thereby breaking the trend with resistance 1. Later price made an impulse down to the trend line, breaking the 1.0875 level again, and recently broke the trend line too. At the moment, Euro continues to trade below the trend line. Probably price can make a movement up higher of the trend line and then rebound down below and continue to fall. For this reason, I set my target at the 1.0770 level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3

❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

FirstNameHelen

Also on: