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Michael_Winner
Dec 7, 2022 1:31 PM

Euro forms a rounded top and can drop to a support level Short

EUR/USDOANDA

Description

Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of Euro.
I draw your attention to the graph, where we can see how the Euro has long formed a pattern of rounded top.
We can also see how the price has risen a little upwards, which possible formed a corrective movement.
The Euro can continue to decline and break through the level 1.0430.
In my opinion, the price can continue to fall and reach the support level.
In this case, there are set 2 goals.
The first goal at a level 1.0430 and next goal at a level 1.0320.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Comments
Michael_Winner
Be free to ask any your question here in the comments.
ArmanShabanTrading
We have The Same Idea Buddy , Short on EURUSD

JoeChampion
Thanks!
Williamforex
Great analysis
Lingrid
Thanks for your analysis
TheNewsCrypto
Great Post bro!,thanks
DeGRAM
Thank you. Great job. Two thumbs up 👍👍!
TheTradersAvenue
Excellent setup. Thanks for sharing
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