Euro has bounced off the resistance area and may begin to fall
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Today we will look at the price of EUR/USD.
I draw your attention to the graph, where we can see how the Euro did a retest of the resistance area and bounced back.
Now the price is trading below the resistance area.
The Euro can could fall and reach a support level.
In my opinion, the price will drop to the level 1.0125 where I see our goal which coincide with the support line.
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
Today we will look at the price of EUR/USD.
I draw your attention to the graph, where we can see how the Euro did a retest of the resistance area and bounced back.
Now the price is trading below the resistance area.
The Euro can could fall and reach a support level.
In my opinion, the price will drop to the level 1.0125 where I see our goal which coincide with the support line.
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
