HelenP. I Euro can rise higher than resistance level, breaks it
Updated
Hi folks today I'm prepared for you Euro analytics. Some days ago price declined to the trend line, but soon it turned around and started to grow. It quickly rose to the support level, which coincided with the support zone, and broke it. After this, EUR rose a little and then made a correction to the support zone, after which continued to move up to 1.1145 points, and then started to decline. In a short time, the price fell to the 1.1080 support level and at once rebounded up to the resistance level, which coincided with the resistance zone and some time traded near. After this movement, EUR turned around and dropped to the trend line, after which quickly backed up. Also, the price broke the 1.1180 level but soon fell below, making a fake breakout. Price tried to break the resistance level again, but failed and recently dropped to the trend line. Now, EURUSD rising to a resistance level again, for this reason, I expect that the price can reach this level and then make a small correction movement. After this, Euro will break the resistance level and continue to move up, that's why i set my goal at 1.1220 points. If you like my analytics you may support me with your like/comment ❤️
Trade active
Nice! EUR reached a resistance level and even made a fake breakout, after which fell below. Now, I expect that EURO will decline a little more and then continue to move up, breaking the resistance level again.Trade active
In my mind, EUR will decline to the trend line almost and then start to grow to my goal (1.1220), breaking the resistance level:
Trade active
EUR broke the resistance level and recently made a correction almost to this level. So, I expect it will fall to this level and then rebound to my goal.
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