Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how price bounced up from 1.0790 level and made upward impulse to seller zone, thereby breaking one more resistance level. Later, Euro started to decline, bouncing from seller zone and making strong downward impulse below support area to support line. Also, price entered to pennant, in which Euro continues trade close resistance area now. After this pattern, I think Euro can break current resistance level and then make retest. But also, I think maybe price can don't make retest, after breakout, it can at once continue to grow. For this case, I set my target at the 1.0880 level. Please share this idea with your friends and click Boost 🚀
Thanks for the high quality description of the situation. The uncluttered narration helps to capture the basic essence of the idea.
auduaishat2021
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up we are going mate no Cap 👍
DAY_PROFITS
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Nice Analysis here, thanks!
jpeacockfx
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Nice work. Can definitely see your reasoning behind this setup. It will be interesting to see what happens after CPI comes out. Best of luck my friend!
ProjectSyndicate
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short-term breakout in progress now
KABHI_FOREX_TRADING
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Super analysis
Tolberti
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This is definitely possible, thanks for sharing!
Solldy
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Genius! Not the most standard analysis, but for this asset it describes well the scenario of its movement.
Mihai_Iacob
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I'm watching for a rise to 1.0850, but, indeed, EurUsd is bullish Thanks for posting