YMGroup

EURO may break the support line and drop to the 0.9700 level

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.

This is an update to my previous idea on EURO.

On this chart, we expected the price to bounce off the resistance zone and go to the 0.9830 level.

On the chart, we can see how the EURO formed a false breakout of the resistance zone and turned back and is now trading below the resistance zone.

Now I expect the price to decline to our first target of 0.9830 and break this level and start moving lower to the next target of 0.9700.

This time I added another target at 0.9700.

I expect such a scenario.

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

Be prepared and save your money. Make big profits!
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