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FirstNameHelen
Jun 16, 2023 12:10 PM

HelenP. I Euro can continue to rise and break resistance level Long

Euro Fx/U.S. DollarFXCM

Description

Hi folks today I'm prepared for you Euro analytics. A not long time ago price fell below support level with support zone, but soon it back up and even rose to resistance level. Next, price made a little movement down and entered to rising channel, in which Euro rose higher of resistance level with resistance zone. But price couldn't get fixed there and it made downward impulse to support area, which coincide with support level. A few time later, Euro bounced up from support level and started to rise to resistance level. Now it trades close this level and in my mind, price can make a little movement down and then bounce up to resistance area, thereby breaking the reistance level. Then Euro can maybe make retest and continue to move up. Therefore, I set my target at 1.1050 level. If you like my analytics you may support me with your like/comment ❤️
Comments
melikatrader94
Good look at the market, keep up the good work
KABHI_FOREX_TRADING
Good buy call
Tolberti
Your analysis looks good, thanks for sharing!
linofx1
Awesome idea
TheNewsCrypto
Perfect Analysis
Leo-btm
good one
pejman_zwin
Made me follow your page.📟
basictradingtv
yes, I am also bullish on EU!
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