HelenP. I Euro can drop to $1.0800 point, breaking support level
Hi folks today I'm prepared for you Euro analytics. A not long time ago price dropped from the resistance level, but soon it came back and even broke this level, after which formed a gap. Then, the price some time traded near the 1.0890 level, after which rebounded up to the trend line. After this movement, the Euro turned around and started to decline and firstly it soon fell to the 1.0890 level and broke it one more time. After this, the price some time traded very close to this level and later made impulse down to the support level, which coincided with the support zone. Next, the EUR at once rebounded and started to grow to a trend line, after which it reached this line, price dropped to the support zone. In this area, the price some time traded and then exited, breaking the support level again. Just now, the price rising, so, for my mind, I expect that EURUSD will rise a little more and then drop lower than the support level, breaking it, and continue to decline. For this case, I set my goal at 1.0800 points. If you like my analytics you may support me with your like/comment ❤️
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