Euro Touch the trend line and need to hit 1.08 for bullish

FX:EURUSD   Euro / U.S. Dollar
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 Euro Touch the trend line and need to hit 1.08 for bullish
We have seen Euro touch the trend line when Friday's was Hyper with ( High1.11130). It could not stay at this price and close with 1.10986. Therefore, we move on the channel and we continue bearish when we touch 1.08 as usual. 1.08 is a high support line for us because we have 3th bottom.

Always, Trade with yourself.

Kind Regards,
Pooya Salehipour


correctly tuch 1.08 thank you for nice and intersting analysis
+1 Reply
Your welcome.
A very interesting analysis. I think that it will meet to fall below 1.08, as the market will expect interest rate hikes in the US.
+1 Reply
PooyaSalehipour RobertPapon
i think it didn't happen. when we touch 1.08 we grow up soon. Technical analyses tell everything's.
1.05 is a second support but i don't sure.
+1 Reply
Euro have change the yellow way and touch red line.
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