Euro can bounce off the support line and may back to 0.994
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Today we will consider the price of EURUSD . On the chart, we see how the price is trading in an rising channel .
Now on the chart we can see how the price is falling to the support line.
In my opinion, the price can a bounce support line and then start to rise.
Therefore, observing this development of events, I would like to set two target.
I think the price will reach the first target at the level of 0.98700, and only after the price is near the first target, it will be possible to consider the next target at the level of 0.99400.
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 consider the price of EURUSD . On the chart, we see how the price is trading in an rising channel .
Now on the chart we can see how the price is falling to the support line.
In my opinion, the price can a bounce support line and then start to rise.
Therefore, observing this development of events, I would like to set two target.
I think the price will reach the first target at the level of 0.98700, and only after the price is near the first target, it will be possible to consider the next target at the level of 0.99400.
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
