Euro can correct to support level and then rebound up

FX:EURUSD   Euro / U.S. Dollar
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few moments ago declined below the 1.0860 support level, which coincided with the buyer zone and started to trades there. After some time Eur rebounded back, broke this level again, and later made a strong upward impulse to the 1.0965 resistance level, which coincided with the seller zone. After this movement, EUR fell until to support line of the wedge, which is located in the buyer zone, but soon it rebounded from this line and in a short time rose back to the 1.0965 resistance level. As well the price broke this level, reached the resistance line of the wedge, and then around down. Next, the Euro declined below the 1.0965 level, thereby breaking it one more time and exiting from the wedge too. After these movements, the Euro made a downward impulse lower than the buyer zone, but a not long time ago it rose back, making a fake breakout. And now, the price trades close support level and I think the Euro can make a correction to this level again and then rebound up. For this reason, I set my target at the 1.0925 level. Please share this idea with your friends and click Boost 🚀

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