FirstNameHelen

HelenP. I Euro will make rebound up from resistance zone

Long
FX:EURUSD   Euro / U.S. Dollar
Hi folks today I'm prepared for you Euro analytics. Some days ago price fell to support 2, which coincided with the support zone, and at once rebounded and started to grow. But later EUR turned around and fell to the trend line, after which it turned around and made a strong impulse up to support 1, which coincided with the resistance zone, thereby making a fake breakout of support 2. But the price at once rebounded from support 1 and fell back to the trend line, where it some time traded near and later made impulse up to 1.0980 points, breaking support 1 with the resistance zone. Then, the price turned around and in a short time declined to the resistance zone, thereby breaking the trend line, and where at the moment price continues to trades near support 1. For my mind, I expect that the Euro will rebound from the resistance zone to the trend line, break it, and then the price can make a retest. After this, I think, the EUR will bounce from the trend line and continue to grow, therefore I set my target at the 1.0950 level. If you like my analytics you may support me with your like/comment ❤️

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