HelenP. I Euro can make a movement up and then bounce down
731
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a few days ago declined inside from a downward channel, where it broke support 1, which coincides with the support zone, and fell to support 2, which coincides with the support zone too. Also, the price made a fake breakout of support 2, after which it bounced and made impulse up to support 1, thereby exiting from the downward channel. Then price at once bounced of support 1, made the correction, and some time traded below the support zone. After these movements, Euro bounced up and broke support 1 level and continued to rise. At the moment I expect that price can make a little movement up and then start to decline. Therefore I set two targets, the first target at the 1.1120 level and the second - 1.1010 support level. If you like my analytics you may support me with your like/comment ❤️
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🚀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
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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.