Euro / U.S. Dollar
Short

HelenP. I Euro can break trend line and fall to support level

1465
Hi folks today I'm prepared for you Euro analytics. Some days ago price declined to the trend line, thereby breaking the 1.0835 support level, which coincides with the support zone. Next, the price started to rise near this line and a few time later Euro backed up higher of the 1.0835 support level. Then price made a correction to the support level, which coincide with the trend line, and later rebounded up to the 1.1130 resistance level. As well price broke this level and even rose higher of the resistance zone, but soon it first rolled below the 1.1130 resistance level, made a retest of this level, and later fell to the trend line. Also recently, the Euro bounced from the trend line and now continues to move up. Probably Euro can decline to the trend line and try to break it. After this price can make a retest or at once continue to decline to the support level, without a retest. For this case, I set two targets, the first target at the 1.0925 level and the second - at the 1.0835 support level. If you like my analytics you may support me with your like/comment ❤️

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