FirstNameHelen

HelenP. I After correction, Euro can come back to $1.1000 level

Long
FX:EURUSD   Euro / U.S. Dollar
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago rebounded from the trend line and rose to the 1.0740 support level, which coincided with the support zone, but at once bounced and made correction back to this line. Later price rebounded from the trend line again and finally broke the 1.0740 level and even rose to the 1.1000 resistance level, which coincided with the resistance zone and tried to break it, but failed and in a short time declined to support level, breaking the trend line. Then Euro bounced from this level and made a strong impulse up to 1.1135 points, thereby breaking the trend line and resistance level one more time. But the price cannot fixed and soon declined lower than the 1.1000 level with the trend line, breaking their again. Next, EUR rose to a resistance level, and a not long time ago it rebounded down. For this moment, I expect that the Euro will come back to the 1.1000 resistance level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️

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