YMGroup

Euro broke the support line and may continue to fall

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.

Today, I want to talk to you about the EUR/USD chart.

On the chart, we can see how the price broke through the support line, which has now become the resistance line.

The price can form a retest and continue to fall.

I expect the euro can bounce off the resistance line and continue to decline.

So I set two goals.

The first target is at the level of 0.9650, the second target is at the level of 0.9525.

I expect such a scenario.

This is my opinion, I really hope it will be useful for you.

Make big profits!
Disclaimer

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.