Hello traders, I want share with you my opinion about Euro. Watching the schedule, we can see how the price formed a strong upward impulse from the buying zone, after which it continue to move upwards. After the price reached level 1.1030, forming the last HH(1), it turn around and begin to decline. Further, the price continued to decline and break of structure. The price updated local lows LL(1), HL(1), thereby changing the upward trend to the downward trend. Currently, the price has updated the latest local low LL(3) and may continue to fall. For the Euro, I decided to set two targets. First target I set at level 1.0575, next target I set in buying zone 1.0530-1.0495. Please share this idea with your friends and click Boost on TradingView, link below🚀
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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.