RLinda

EURUSD ! Support test. Will the price rise to resistance?🙀

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD falls heavily and at some point reaches the 1.0000 mark, such an indicator was 20 years ago. On the chart, we see a strong downward channel, which has been dominating for a long time (since February). The global downtrend remains relevant.

We see that the price has tested the support zone and made a false breakout of the price channel support. The price forms a small impulse and breaks through the local level 1.00750 up.

I assume that there is a chance for a rollback, as the resistance zone has a strong liquidity zone. I think if the price manages to consolidate above the level of 1.00750, then the price may rise. Medium-term target - resistance zone 1.0357

Sincerely, R. Linda!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
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.