Hello everyone, today I have prepared an analysis of the euro for you. If we look at the chart, we can see how the price fell to support 2 some time ago, which is in line with the support area, and then immediately rebounded. The euro traded around this level for a while, then broke above it, and later reached the trend line. After that, the price rebounds and begins to rise within the wedge, quickly breaking through support again and then testing again. The euro then rose again to a support area for a short time, which was in line with Support 1, but immediately rallied and made a correction movement to the trend line, which was also the support line of the wedge. After this, EUR/USD rebounded from the trend line, rose to support 1, and even broke through support soon after and was retested, after which it continued to rise. Just now, the euro continues to trade around the wedge resistance line, and I expect the price to rebound from this line to the trend line, thus breaking through the support level. So, in this case, I set the target at 1.0871, which is in line with the trend line. If you like my analysis, you can support me by liking/commenting on ??
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