FirstNameHelen

HelenP. I Euro trades inside wedge and may continue to grow

Long
FX:EURUSD   Euro / U.S. Dollar
Hi folks today I'm prepared for you EURO analytics. Last month, the Euro rebounded from support at level 1.0525 and began an uptrend. The price continued to rise and broke through the resistance zone 1.0700-1.0740. After a deep correction, the price continued to rise and reached the level 1.1075. Euro has created a rising wedge and is currently trading in the within. Having rebounded from the resistance of the wedge, the price began to decline and tried to break through the support that coincides with the trend line, but could not gain a fixed below. The Euro continued to rise and recently made a correction to support of wedge. The price is currently trading over support of wedge and may continue to rise. It seems to me that the price may continue the upward trend. Therefore, the targets for the Euro will be set at levels 1.1040 and 1.1075. If you like my analytics you may support me with your like/comment ❤️

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