Euro / U.S. Dollar
Long

HelenP. I Euro can rebound up of trend line and continue to rise

802
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 after reaching support 1, which coincides with the support zone, bounced from it and made a strong impulse down to the trend line, thereby breaking support 2, which coincides with the support zone too. After this movement, the price started to grow near the trend line and in a short time reached support 2 with the support zone. Next, the price tried to rise higher but failed and fell below the trend line to support 2. After a few time, Euro rebounded and made an impulse up to support 1, and soon broke this level. Later the price reached the trend line and broke it too and at that moment trades near to it. I think Euro can bounce of the trend line and continue to rise. Therefore I set my target at 1.1320 level. If you like my analytics you may support me with your like/comment ❤️

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