Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to trades in the range, where it first rebounded from the buyer zone, which coincided with the support level and rose to 1.0640 points. After this, the price made a little correction and then continued to move up, but soon EUR corrected to the 1.0520 support level again. Then the price made an upward impulse to the top part of the range, exited, and later entered to wedge. Inside the wedge, the Euro bounced from the support line and rose to the 1.0960 resistance level, which coincided with the seller zone, after which it corrected below. Then price reached the resistance line of the wedge, thereby making a fake breakout of the 1.0960 resistance level and at once made a downward impulse to the support line. But a not long time ago price around up and made a strong impulse up to the seller zone, exiting from the wedge and breaking the resistance level again. At the moment Euro continues to trades in the seller zone and in my mind, the price can rise a little more and then rebound down below the resistance level. Therefore I set my target at the 1.0845 level. Please share this idea with your friends and click Boost 🚀
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