LegionQ8

After broke of support level, Euro can continue rise to 1.0950

Long
FX:EURUSD   Euro / U.S. Dollar
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some day ago price made a correction from the 1.1000 resistance level, which coincided with the seller zone, but soon it rebounded higher of this level. next, Euro started to fall and soon it declined to support line and at once rebounded up higher of the seller zone. After this movement price made the correction and then rose to the resistance line. Then Euro bounced of the resistance line and made impulse down to the 1.0900 support level, which coincided with the buyer zone. Also, the price made a fake breakout, after which Euro rebounded up to the resistance line. But soon the price continue to fall and in a short time fell to the support line, thereby breaking the 1.0900 support level. And a not long time ago it rebounded from the support line and made upward impulse of this level, breaking the resistance line too. Now Euro trades near the support level and in my mind price can fall to the support level, then it can bounce from this level and continue to rise. For this reason, I set up my target at the 1.0950 level. Please share this idea with your friends and click Boost 🚀
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